As the sun sets on the 16th World Refugee Day, we’re pleased to share a great piece from Ruma Bose and James Mwangi in the UN Foundation’s Global Daily. “How Businesses Can Help Refugees And Why It’s A Good Investment” explores the opportunity corporations have to tap into the core competencies of the more than 65 million refugees and internally displaced persons around the globe. The article cites a recent study by the Tent Foundation demonstrating that every 1E in investment in a refugee will yield a return of nearly 2E in GDP growth within 5 years.
Who knows what benefits positive support of refugees may bring? Ruma and James point out that Andy Grove, one of the founders of Intel Corporation, and Ashish Thakkar, founder of Mara group which now employs more than 11,000, were both refugees. Ashish himself released a video with the UN Foundation today with a message on supporting refugees: