Company News

reSET and Social Enterprise Supporters Celebrate B-Corp Legislation

reSET-1-14-14-217

Yesterday, was 2+ years of hardwork paying off for social enterprise supporters as Benefit Corporations is now a new law. Connecticut’s statute will be the most comprehensive in the United States, encouraging new businesses and jobs. New corporate structure enables social enterprises to solve social or environmental problems and make a profit. Next week, as a part of the Startup Roadshow coverage of ...

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Frank Marco and Melinda Agsten of Wiggin & Dana Discuss B Corp Legislation in Connecticut

State Capitol

Earlier this year, Connecticut Governor Dannel Malloy introduced a bill that would grant corporate status to organizations called benefit corporations (or B corporations) in Connecticut. B corporations have publicly declared double bottom lines, pursuing socially or environmentally beneficial missions in addition to profit. Twenty-two states and the District of Columbia have enacted legislation recognizing B corporations, including New York and Massachusetts; ...

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