Impact investing is expanding, and that is creating new opportunities for social enterprises, including Benefit Corporations, women-led firms and community-based ventures. Those are some of the implications of a recent study conducted by the Forum for Sustainable and Responsible Investment (US SIF) Foundation. “There are encouraging signs for social entrepreneurs,” says Meg Voorhes, director of research for […]
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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 […]
Kickstarter is the latest high-profile company to become a Public Benefit Corporation. The Brooklyn-based crowdfunding pioneer joins companies such as Etsy, Warby Parker and other socially-minded firms in legally enshrining its social goals in its corporate charter, so that they don’t get overshadowed by profit motives. Kickstarter is also a B Corp., a voluntary and […]