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What is a Social Enterprise?

Up and Running

An excellent example of a social enterprise is The Empowerment Plan —an organization that hires people currently living in homeless shelters to create a combination winter coat, sleeping bag, and over-the-shoulder bag, which is then distributed to the homeless of Detroit free of charge. Here in the U.S. B corp, or Benefit Corporation.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

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What is an L3C?

Up and Running

His organization, Americans for Community Development, provides detailed information about L3Cs, and you can find out more about the organization on their website. . The L3C provides all the benefits of an LLC structure, including flexibility in ownership, management, decision making power, and profit distributions.

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