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Social Entrepreneurship: Is it Right for Your Company?

Social Entrepreneurship: Is it Right for Your Company?

A new type of corporation is rising in prominence in the United States (US) and globally, the B-corp or Benefits Corporation. At least 24 states currently allow B-corps in the US, including my own state, Connecticut, which recently approved the B-corp form (May 2014). What Is a B-Corp?Ever since learning of B-corps several months ago, I have been intrigued by the concept of a corporation that shares equal focus on a social mission and profit. You may also be wondering if this B-corp format has any significance for your startup. The B-corp strives to incorporate the best of both the business and non-profit worlds, recognizing that while non-profits are needed, they are not sufficient by themse

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