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Introduction to Benefit Corporations and Certified B Corps

Would you be interested in investing in companies involved in publishing, marketing and distribution, Internet marketing, audio video production and other activities that foster personal development, empowerment, enlightenment and transformation?

This new corporation subtype allows entrepreneurs and investors to organize stock corporations that can pursue both economic and social objectives.

Benefit Corporations are a new class of cause-oriented corporation that:

  (1) creates a material positive impact on society and the environment;

  (2) expands fiduciary duty to require consideration of non-financial interests when making decisions; 
  (3) reports on its overall social and environmental performance using recognized third party standards.  

Certified B Corporations are a new type of corporation which uses the power of business
to solve social and environmental problems.  B Lab, a nonprofit organization, certifies B Corporations. There are over 500 Certified B Corporations across 60 different industries. B Corporations are a diverse community with one unifying goal: to redefine success in business.

The best resource center for information on B Corps is B Lab.  http://www.benefitcorp.net/

There is also a page as http://en.wikipedia.org/wiki/Benefit_corporation

Click Here for a great introduction to Crowd Funding and the JOBS Act with Candace Klein

States That have Enacted Benefit Corporation Legislation

Arizona Benefit Corporation Effective December 31st 2014.	Arkansas Benefit Corporation Effective August 2013	California Benefit Corporation
Colorado Benefit Corporation Effective April 1, 2014.	Delaware Benefit Corporation Effective August 1, 2013	Hawaii Benefit Corporation
Illinois Benefit Corporation	Louisiana Benefit Corporation	Maryland Benefit Corporation
Massachusetts  Benefit Corporation	Nevada Benefit Corporation Effective January 1, 2014.	New Jersey Benefit Corporation
New York Benefit Corporation	Oregon Benefit Corporation	Pennsylvania   Benefit Corporation
Rhode Island Benefit Corporation Effective January 1, 2014	South Carolina Benefit Corporation	Vermont Benefit Corporation
Virginia Benefit Corporation	Washington, DC Benefit Corporation

States With Pending Benefit Corporation Legislation

Alabama Benefit Corporation	North Carolina Benefit Corporation	West Virginia Benefit Corporation
Connecticut Benefit Corporation	Florida Benefit Corporation	Texas Benefit Corporation
Iowa Benefit Corporation	Montana Benefit Corporation

www.CommunityEconomicDevelopmentBenefitCorporation.com

For more information, please contact Charles Betterton at 928-284-2671.

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