Just days ago I posted on B-Corps and the Rise of Social Entrepreneurship Yesterday House Bill 5710 was introduced in the State House. The House Bill is tie barred with HB 5711 and HB 5712 As I’ve previously written, B-Corps have a dual purpose – To create profit and “create a material positive impact on societyContinue reading “Michigan Business Law Update: B-Corp Legislation Introduced On May 31st”
Category Archives: social entrepreneurs
B-Corporations and the Rise of Social Entrepreneurship
A few months back I sat on a panel to discuss Non-Profit Sustainability and Social Entrepreneurship. You can check out the video here. I was asked to provide some comments on B Corps – or Benefit Corporations. To cover some basics – B-Corps have a dual purpose – To create profit and “create aContinue reading “B-Corporations and the Rise of Social Entrepreneurship”
Startups – Don’t Make this Mistake!
Happy Friday! A few months back I wrote a post titled Business Startups: Don’t make these mistakes. I discussed a recent case that highlighted mistakes that business startups can make – including, shutting down a business, then starting a new one just to avoid debts/creditors. Generally speaking, that doesn’t work! A May 3rd Cour of appealsContinue reading “Startups – Don’t Make this Mistake!”
Small Business, Social Entrepreneurs and Crowdfunding
Just a few days ago I posted on the Michigan House Resolution supporting Equity Crowdfunding. This morning I read an article on CrowdfundInsider on the topic of financing for small businesses. Access to Capital: What are the Options for Small Company Finance? Candace Klein Chief Strategy Officer at DealStruck was Interviewed and talked about how small businessContinue reading “Small Business, Social Entrepreneurs and Crowdfunding”
Working to Build Better Communities: Lending Barriers to Stabilizing Neighborhoods in Detroit.
Today Thomas J. Curry, of the Office of the Comptroller of the Currency (“OCC”) spoke at the 2016 National Interagency Community Reinvestment Conference in LA. You can read Mr. Curry’s complete remarks here. Mr. Curry acknowledged the many groups and organizations “working to build better communities and improve the financial lives of low- and moderate-income individuals” AContinue reading “Working to Build Better Communities: Lending Barriers to Stabilizing Neighborhoods in Detroit.”
Waiting For Your Personal Invitation From the Non-Profit CEO?
The Attorney General’s Office issued a press release today in collaboration with The Michigan Nonprofit Association, Council of Michigan Foundations,Michigan Association of United Ways: A guide to supporting Michigan’s charitable nonprofit organizations Some good advice for charitable giving. One point I thought worth mentioning – volunteering. If a charitable non-profit is worth giving your money to,Continue reading “Waiting For Your Personal Invitation From the Non-Profit CEO?”
Recent Crowdfunding Success a Good Sign for Social Entrepreneurs
Last week MIBiz reported a somewhat surprising result of the MEDC’s grant-matching initiative (Public Places Community Spaces Initiative). I wrote about this initiative in a prior post. The MIBiz article headline: “State-backed crowdfunding initiative hits 97% success rate in first year” This is an amazing success rate by any calculation As stated by Ebrahim Varachia, president and co-founderContinue reading “Recent Crowdfunding Success a Good Sign for Social Entrepreneurs”
West Michigan Business and Community Partners
The first week of May marked “National Small Business Week” It’s a time to celebrate small business. Locally… On that note, on June 6th a West Michigan organization that supports local business, Local First will be hosting its annual street party, you should check it out. More on Nat’l Small Business week… As the U.S. Small BusinessContinue reading “West Michigan Business and Community Partners”
Social Entrepreneurs and Small Businesses – Update on Intrastate Crowdfunding
A recent Detroit Free Press article highlights the success of Tecumseh Brewing Co, the first business in Michigan to utilize Michigan’s intrastate crowdfunding exemption to securities registration, commonly referred to as the MILE Act. Crowdfunding: Potential for Start-up Businesses. As the Free Press article explains, The story of Tecumseh Brewing Co highlights why equity crowdfunding isContinue reading “Social Entrepreneurs and Small Businesses – Update on Intrastate Crowdfunding”
Social Entrepreneurship at its finest: Cascade Engineering.
The Governor’s Office last week posted an article on its “reinvention blog” highlighting a company doing amazing work in West Michigan and around the globe: Cascade Engineering. According to the State’s Blog Post: “When Fred Keller founded Cascade Engineering in 1973, he was focused not only on building a successful company but also on creatingContinue reading “Social Entrepreneurship at its finest: Cascade Engineering.”
Purpose Driven General Counsel 