For triple-bottom-line businesses, there are no guarantees that responsible practices will continue after a sale of the company. 'B corp', a new form of corporation in the United States, is one that aims to maximize not just profit, but social and environmental good.
Read MoreCorporations concerned about their social and environmental impact must also consider the costs. Bcorps, a new form of corporation in the U.S., are using a rigorous certification process to gain consumers trust and boost sales.
Read MoreAt a time when university students lack opportunities and financial help to test their innovative business ideas, the Resolution Project supports higher education students who have ideas for socially responsible businesses and charities. Resolution offers small awards to start businesses as well as mentor opportunities that enable networking and business collaboration with experts.
Read MoreForeclosure affects millions of homeowners and millions more owe more on their mortgages than what their homes are worth, but Empowering and Strengthening Ohio’s People (ESOP), offers assistance. As a free service to borrowers, ESOP holds lenders accountable with fair lending agreements, creates constructive communication, and ultimately saves homes.
Read MoreThe 2008 recession’s job losses spurred a development of a Do-It-Yourself economy. With the advent of Uber, Etsy, Airbnb, and others, the marketplace has become full of micro-entrepreneurs who thrive with independent web-assisted businesses.
Read MoreA follow-up article on Husk Power Systems, which has created a scalable system to turn rice husks into electricity that is reliable, eco-friendly and affordable for families in India. The company bases their business model around local involvement, grassroots systems that cater to the immediate community, and continual accountability. This article fills in some information gaps from the initial piece, "Fixes: A Light in India."
Read MoreTwo columns on microconsignment, a new variation on microcredit that helps poor people living in developing countries - particularly women in rural villages - start small social businesses without taking on debt or requiring previous business skills. The organization, Soluciones Comunitarias, partners with a non-profit and a university student program to manage the supply chain and other components of the business necessary to support the social entrepreneurs in successful micro-ventures.
Read MoreAccess to electricity in India takes a huge economic, educational, and health-related toll. A small company called Husk Power Systems has created an innovative system that is turning rice husks into electricity and illuminating India’s poorest state.
Read MoreAmerica’s system of health care is based on an old industrial-era model, without taking into account a decentralized, mobile, independent workforce that remains largely unprotected without health and unemployment insurance. The Freelancers Insurance Company, based in New York State, offers competitive premiums by having their executives receive salaries at low wages. The model keeps costs under control, which in turn makes health care more accessible to independent workers.
Read MorePrograms to get fresh produce carts to areas with no access to healthy food work best when government and determined entrepreneurs team up. Success from this model is evident in New York City, where the city has incentivized the selling of fruits and vegetables by street vendors in areas that are in the most need of the produce.
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