article thumbnail

7 Advantages For Being A Socially Responsible Startup

Startup Professionals Musings

To legally facilitate startups who want to give top priority to socially conscious solutions, thirty-five states, starting with Maryland way back in 2010, have passed legislation allowing incorporation as a Benefit Corporation (B-Corp). Socially responsible products typically sell at a premium price.

Vermont 373
article thumbnail

What is a Social Enterprise?

Up and Running

This incorporates a socially beneficial mission with a manufacturing arm that produces a useful product for its targeted demographic, while also directly providing employment to members of that demographic. Maryland was the first U.S. According to the Harvard Business Review, in most U.S. state to adopt this structure in 2010.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Creating A Healthcare Startup – A Basic Guide

YoungUpstarts

But, those who think that they can overcome these issues can go on to build a successful startup like Maryland Addiction Recovery Center. Zachary Snitzer is the director of business development at Maryland Addiction Recovery Center. In this way, you will boost productivity and make things simpler.

Maryland 202
article thumbnail

VentureBoard Helps Universities Help Startups

YoungUpstarts

That’s what happened when University of Maryland undergraduates information systems and marketing double major Scott Block and Avi Eisenberger, and computer science major Justin Searles, got together to discuss the challenges of student entrepreneurship.

Maryland 174
article thumbnail

Entrepreneur Builds on Technology Platform to Power the Barbershop Industry

Hearpreneur

Tell us about your products and services. Our product and branding is geared specifically towards the barbershop industry, which drives more male clients to our platform. Our goal is to be a platform where clients can discover new styles, find a talented barber, and buy the products necessary to maintain their style.

article thumbnail

25 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Thanks to Steve Groom, Maryland Home Buyers in Baltimore ! #6- Jump forward 16-17 years, through numerous mergers, sales, wins and losses, and our current agency, HUB, is going strong, powered and pushed forward by that original desire to do a good job, create sustainable digital products and generally make a difference.

article thumbnail

Entrepreneurs are Everywhere Show No. 10: Reetu Gupta and Mandela Schumacher-Hodge

Steve Blank

Even though there was a real need in the market it wasn’t right (the right time) for a wearable (product). You think they want your product … or you think because you are one of those users everyone would want what you want. Here’s what happened: Timing the market is a critical piece of any successful startup.

Cofounder 120