Applying market-based strategies to social problems
For profit alternatives to the traditional nonprofit corporation
In 2012 the California legislature created two new classes of corporations for businesses that seek to pursue both profit and purpose: Benefit Corporations and Flexible Purpose Corporations. Here are some articles that explain what they are and how they work:
- California Creates New Corporate Types that Reward Doing Good
- California Benefit Organizations
- Enforcing Accountability: How Do Benefit Corporations and Flexible Purpose Corporations Differ?
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seToolbelt is an open content resource hub that helps social entrepreneurs plan, launch, manage, and grow successful social enterprises