As reported in the October 10, 2011 L.A. Times, Governor Brown has signed California Assemblyman Jared Huffman’s, Bill AB 361 into law, allowing B Corporation to join Hawaii, Maryland, New Jersey, Vermont and Virginia, in legally operating in the State of California. Without this legal protection, says B Lab Co-Founder Jay Coen Gilbert, by prioritizing social (environmental and other sustainable) outcomes, California B Corporations were operating in what could have been considered opposition to the fiduciary duty to “maximize value to shareholders even if that comes at the expense of workers or the community or the environment.” Gilbert also notes … Continue reading Brown Signs Law for B Corp’s in California…Will Venture Capital Follow?
Light…one Litre at a time. Take a used Soda bottle, add Water, Bleach and My Shelter Foundation’s Illac Diaz, and you get 50w of daytime light for 5 years. As reported by Brynn Opsahl, on the Global Envision website- using an MIT student design, Mr. Diaz has brought light to some 300,000 Phillipinos who had no, or illegal and unsafe access to electricity- without using electricity or any other non-sustainable energy The bottle is inserted and secured through a hole in the ceiling, and allows sunlight to refract, bringing 360 degrees of light into the room below. The design/application is: Sustainable Made from Recycled … Continue reading Let There Be Light (For the 3M People in the Philippines Without Electricity)…In a Soda Bottle?
First there was Micro-Finance, connecting the ‘unbankable’ and traditionally un-collateralized to sources of credit that could be leveraged into their own businesses or micro-enterprises. If, however, some loanees were not able to develop businesses, or scale, or sustain them, they were left with outstanding debts, that when difficult to repay resulted in default. Not an attractive social entrepreneurial (socent) model for traditional investment. Although an incredible boon to individuals in developing countries, especially to women, and a testament to innovation in the socent and social capital arenas. Enter, Micro-Franchising. It adds an already existent product or service to sell by the “entrepreneur” … Continue reading Is the “Micro Consignment Model” The New Micro-Financing Model (that Traditional Investors Have Been Waiting For?)
Women Turn a social profit from the Sun. Our mission is to empower women with economic opportunity and eradicate energy poverty. We use a market based program to distribute solar technology that provides income to women entrepreneurs Solar Sister gives you the opportunity to join us and leverage your support through social investments Social investment: How can it be a donation and an investment? Your donation is invested 100% in a Solar Sister Entrepreneur’s business. When the Entrepreneur sells lamps, the money she receives is reinvested in new inventory, enabling her to operate an ongoing business and earning a sustainable income from … Continue reading Shine a Light on Women