article thumbnail

7 Advantages For Being A Socially Responsible Startup

Startup Professionals Musings

A few examples of well-known benefit corporations in the USA include Kickstarter, Etsy in New York, Patagonia in California, and Seventh Generation in Vermont. More and more, the goodwill of the relevant customer community, in large measure, contributes to the success of any product and any company.

Vermont 373
article thumbnail

What is a Social Enterprise?

Up and Running

it is a 501(c) (3) nonprofit, but because of its dedication to sustainability, it is now working with local communities to form separate stove manufacturing factories in their countries. Here in the U.S. InStove contributes both the technology for efficient stoves, and the means to create sustainable jobs. B corp, or Benefit Corporation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Benefits For Startups Joining The B-Corp Movement

Startup Professionals Musings

Last year, Etsy in New York announced that it had joined the ranks of the now more than 865 companies nationwide as a Certified B Corporation, keeping good company with Patagonia in California and Seventh Generation in Vermont. For some business opportunities, like Facebook and Twitter, the community is the value.

Vermont 254
article thumbnail

7 Ways it Pays to Build a Socially Conscious Startup

Startup Professionals Musings

Earlier this year, Etsy in New York announced that it had joined the ranks of the now more than 500 companies nationwide as a Certified B Corporation, keeping good company with Patagonia in California and Seventh Generation in Vermont. For some business opportunities, like Facebook and Twitter, the community is the value.

Vermont 251
article thumbnail

What is an L3C?

Up and Running

The United Kingdom began using a similar structure in 2005, called a Community Interest Company. Vermont became the first state to establish the L3C as a legal structure. His organization, Americans for Community Development, provides detailed information about L3Cs, and you can find out more about the organization on their website.

article thumbnail

How to Translate Your Passion Into Your Purpose

Duct Tape Marketing

Additionally, she is the founder of the Elizabeth Elting Foundation, a non-profit organization created to break down systemic barriers and foster systemic change for women and other underserved communities. I was walking across the street in Vermont, and I flipped over, had a fractured skull, was unconscious for three days.

article thumbnail

Business Ethics And Social Responsibility

YoungUpstarts

For example, small businesses depend on reputation and trust among people in the community. By treating employees and customers well, businesses can gain the community’s support. Domains include environmental friendliness, community support, local products promotion, fair employee treatment and more.

Vermont 100