…quiet and limited Benefit Corporation filings against a backdrop of wildly dynamic activity in the field of social enterprise and socially-responsible businesses nationwide and abroad.
I was invited to testify in support of the L3C (Low Profit, Limited Liability Company) at hearings in Maryland this Spring. And the challenge is that I am…how else to say it…”actively ambivalent.” The L3C is a state-level filing option for social enterprise companies that is gaining traction across the country. Recognized in at least[…]
At an event last month with owners of sustainable businesses in Bethesda, Kasey Wright, of Jamie Raskin’s staff, mentioned that ChangeMatters is the only entity really pushing the agenda for social enterprises and benefit businesses in Maryland. Until she said it, I hadn’t thought of it that way, but it’s true that this year we[…]
We work with a mix of social enterprises from our base in Maryland, which just happens to be the first state in the union to have passed legislation creating Benefit Corporation status, and we’ve got a lot of practical questions, for existing businesses and for start-ups. As of October 1, 2010, it will be possible[…]
Issues for fundraisers and other senior executives to consider before starting a social venture.