Grameen Byabosa Bikash (GBB) is one of the sister organizations in the Grameen family of enterprises. The English meaning of this name is “Grameen Business Promotion and Services”. GBB is a social business and not-for-profit organization registered under the Companies Act – 1994 of Peoples Republic of Bangladesh Government. It started operation in 2001 with its registered office located at the Grameen Bank Complex at Mirpur area of Dhaka city.

GBB has a board consisting of 8 members. The Board is headed by novel laureate Professor Muhammad Yunus. The other Board members are also renowned in their respective field. The Board sits at least every four months to assess the progress of the organization.

There are many poor entrepreneurs (farmers/producers) in the rural area of our country who dream of expanding their business venture by reaching the right market with their products like vegetables, livestock, handicrafts etc. Despite their great potential, they cannot reach their dream due to unavailability of marketing, technical, financial, and technological support. In this world of open market economy, they are struggling every moment to survive and advance in the hard competition. Most of them lose their capital short after entering into the competition and become victims of vicious cycle of poverty while they have experience, skill and knowledge. Through practical experience in the field of micro credit, Grameen Bank realized that some supplementary services are needed side by side the micro credit for sustainable development of poor people.

Grameen Byabosa Bikash (GBB) originated out of the intention to render certain supplementary services that are critically important for improving the socio-economic condition and sustainable development of the rural poor entrepreneurs having potentials for carrying out small business/enterprise in a profitable manner.