2: Business Model

[Establish] for-profit corporations that retain the social mission, transparency, and accountability of nonprofits.

Other Information:

Principled Business Model. A Principled Business is a for-profit corporation that retains the social mission, transparency, and accountability of a nonprofit. It is a community-centered business model that builds upon the B-Corporation and Yunus Social Business models. Principled Businesses are legally organized as socially responsible L3Cs, B-Corporations, or similar, but in addition must meet another set of criteria that ensures they will remain highly transparent, act consistent with their social mission, and maximize community benefit. Principled Businesses receive preference for the interest-free loans generated by the crowdfunding operation.

Stakeholder(s):

• Corporations

Indicator(s):

Indicator:1

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