A Unilever-founded global initiative called TRANSFORM is now supporting five Bangladeshi social businesses by providing nearly Tk2.2 crore to help them pivot to Covid-19 response, says a press release. It is a unique joint initiative between Unilever, the UK’s Foreign, Commonwealth and Development Office’ or ‘FCDO’ (previously known as DFID) and EY that identifies, funds, and delivers technical expertise to innovative social businesses. Previously, TRANSFORM donated Tk22 crore (£2 million) to implement the innovative initiatives of eight social businesses in the country – five of these were recipients of the Covid-19 response grant. We also recognize the challenges social businesses are going through during this crucial time and Unilever aims to build resilience for the future of social entrepreneurship. In Bangladesh, these social enterprises are working to help alleviate poverty (SDG 1), promote good health and wellbeing (SDG 3) and provide clean water and sanitation (SDG 6).

Source: Dhaka Tribune September 02, 2020 10:41 UTC