Social business ventures look beyond the bottom line to measure success. Rather than simply working to generate profits and create value for shareholders, they apply business strategies to generate social good and create value for their community.
The guiding goal of our Social Business Ventures initiative is to make our region the best place in the country to launch and grow social purpose business.
There are a lot of ways that businesses can create value to the community. We are particularly interested in supporting the growth of businesses that provide a product or service that, in itself, addresses a social issue.
To this end we plan to make investments in a handful of efforts to encourage and support more entrepreneurs to create and grow social business ventures. We also want to encourage more investors to consider social business ventures in their portfolio.
We also offer Ecosystem grants which provide general operating support to organizations that help create an environment for our efforts to be successful.