Category Archives: B Corp.

A ‘Superfood’ Company Grows, With a Little Help From the Crowd

Chances are you’ve heard of moringa, a nutrient rich plant that has been dubbed the next superfood. If so, you’ve probably also heard of Kuli Kuli Foods, a fast-growing social venture that has helped popularize moringa in the U.S., while helping women farmers in West Africa and the Caribbean. Kuli Kuli was founded in 2013 […]

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A Native American Brand Turns to Crowdfunding to Fulfill its Mission

When Karlene Hunter and Mark Tilsen started Native American Natural Foods in 2006, they had a vision as vast as the Great Plains themselves: to create a brand that could restore the buffalo to native lands and, in the process, regenerate the community, culture and economy of one of the Lakota people that live there. […]

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A Native American Brand Turns to Crowdfunding to Fulfill its Mission

When Karlene Hunter and Mark Tilsen started Native American Natural Foods in 2006, they had a vision as vast as the Great Plains themselves: to create a brand that could restore the buffalo to native lands and, in the process, regenerate the community, culture and economy of the Lakota people that live there. The company, […]

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Can You Raise Capital and Stay Independent? Ask This Company.

What do you do if you’re a mission-driven company that would like to raise outside capital, but have no intention of selling the company?  That’s the dilemma faced by a growing number of indie-minded entrepreneurs that want to grow their companies while staying true to their values. Traditional Medicinals, a pioneering maker of organic herbal […]

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Can You Raise Capital and Stay Independent? Ask This Company.

What do you do if you’re a mission-driven company that would like to raise outside capital, but have no intention of selling the company?  That’s the dilemma faced by a growing number of indie-minded entrepreneurs that want to grow their companies while staying true to their values. Traditional Medicinals, a pioneering maker of organic herbal […]

The post Can You Raise Capital and Stay Independent? Ask This Company. appeared first on Locavesting.

Crowdfunding Platform Wefunder Becomes a Benefit Corp.

Wefunder, Inc. is now Wefunder PBC. On Wednesday, Wefunder will become the first investment crowdfunding platform to become a public benefit corp., a legal designation that hardwires a company’s social mission into its charter. In Wefunder’s case, that mission is to “defend the American Dream.” Wefunder follows in the footsteps of Kickstarter, the rewards-based crowdfunding […]

Mission or Scale? With the Right Investment Strategy, You Can Have Both

For mission-driven businesses, growth is both a blessing and a curse. It’s a blessing because growth can magnify both the social and financial return. But it’s a curse because growth usually creates a need for more capital, and bringing in new capital, if not done right, can put the mission at risk. Investors willing to […]

A New Form of Fiscal Sponsorship May Help Social Enterprises Raise Funds

Social enterprises are trying out all sorts of approaches to funding and structuring their ventures. But as for-profits, they are often cut off from grant opportunities (although that is changing). A new form of fiscal sponsorship promises to help fill the gap. A fiscal sponsor is a nonprofit organization that leverages its legal and tax-exempt […]