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Entries tagged “social enterprise”

Recognizing Social Entrepreneurship: Minnesota Embraces the Public Benefit Corporation

insights Recognizing Social Entrepreneurship: Minnesota Embraces the Public Benefit Corporation Michael Vargas · Recognizing Social Entrepreneurship: Minnesota Embraces the Public Benefit Corporation Jennifer Dasari · Recognizing Social Entrepreneurship: Minnesota Embraces the Public Benefit Corporation Frank Vargas · September 17, 2014

As of January 1, 2015, Minnesota will join the ranks of states that have adopted statutes permitting public benefit corporations, a new form designed to enable businesses to seek not only shareholder value but also fulfillment of the company’s stated social purpose.  Minnesota’s statute compares favorably with those of California and Delaware and bodes likely…

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