Press release
How to Become a Maryland Benefit Corporation: New Guide for Social Entrepreneurs in Maryland
This resource provides expert analysis on key provisions of the new Benefit Corporation law, including type of public benefit recognized; obligations of and protections for leadership; and reporting requirements.
"Benefit Corporations are a unique designation under Maryland's new law," says Jon Widrick, co-founder of Ascensus Law Group. "This designation will now allow social ventures formed for social and environmental benefit to receive official recognition for their commitment to a triple bottom line of 'people, planet, and profit'"
The advisory also includes a practical overview of how small businesses and nonprofits can become elect to become Benefit Corporations.
"Maryland's new law is the first of its kind in the United States," according to Amy Kincaid, founder of ChangeMatters. "The enthusiasm among small businesses, nonprofits, and entrepreneurs represents the promise of sustainable social enterprise in Maryland, and demonstrates the value of this emerging sector to meet community needs around the country."
"Becoming a Benefit Corporation" is currently available online for purchase as a PDF download:
http://www.scribd.com/doc/42551874/Becoming-a-Benefit-Co ...
About Jon Widrick / Ascensus Law Group
http://www.ascensuslaw.com
Jon Widrick is a founding partner in Ascensus Law Group. He represents green, sustainable, and social enterprises throughout the Washington DC region in all aspects of business law. Jon has served as primary corporate counsel to companies ranging from information technology to utilities. His legal experience also extends to tax-exempt organizations, including international nonprofits and local charities.
About Amy Kincaid, ChangeMatters
http://www.changematters.com
Amy Kincaid is founder and principal of ChangeMatters, a consultancy for social purpose ventures and cultural entrepreneurs concerned with the greater creative economy and wellness of their communities. As a director, consultant, and trainer, she has guided nonprofit and for-profit organizations in the US and abroad through startup, turnaround, and major growth activities. With a particular record of service to overlooked market segments and underserved populations.
ChangeMatters provides strategic business consulting for social purpose ventures and cultural entrepreneurs concerned with the greater creative economy and wellness of their communities.
ChangeMatters
417 Boston Ave.
Takoma Park, MD 20912
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release How to Become a Maryland Benefit Corporation: New Guide for Social Entrepreneurs in Maryland here
News-ID: 152655 • Views: …
More Releases for Benefit
TAX BENEFIT WITH AN INSURANCE
Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In this part, you can gain knowledge about deductions available to a taxpayer on payment of life insurance premiums, health insurance premiums, and expenditures on medical treatment.
Total income from all the heads of income is called as "Gross Total Income" (GTI). To arrive at…
Benefit Consulting Service Market May See a Big Move by 2027 Covid-19 Analysis | …
Details regarding development history, potential buyers and marketing channels of the company are covered in this Benefit Consulting Service market analysis report. It lists down some prominent factors that enhance the market growth such as latest trends, pricing structure and details about potential customers. Consumption figures are also covered here as per type and application. Key strategies discussed here can be followed by distributors as well as market players. By…
Pharmacy Benefit Management Market Launching new pharmacies and benefit programs …
Pharmacy benefit management system is operated by third party administrators who act as the link between the manufacturers, pharmacies, insurers, and the customers. Moreover, the system help provide employers with prescription drugs and medical services at reduced costs. The cost reduction is achieved by entering in contracts with pharmacies, through rebates with the drug manufacturers, paying prescription drug claims, and by working with self-insured companies and government programs. Over the…
Micro-Segmentation To Benefit Cloud-Based Systems, To Benefit Cloud Security Mar …
Cloud data services have simplified the lives of many businesses, organizations, and individuals. Unfortunately, with an increasing use of cloud data services, there has been a rise in cloud data frauds as well. However, the advent of cloud security service providers has kept cybercriminals away from committing data crime.
Looking at the success of cloud-based services, the future of this market is expected to be bright. But this will be…
Security Benefit Partners With fi360
New Relationship To Provide Powerful Tools For Independent 401(k) Advisors
Topeka, Kansas, April 23, 2012 - Security Benefit Corporation, a leading provider of retirement savings and income vehicles throughout the nation, today announced it has formed a partnership with fi360, the premier organization for fiduciary education, investment analytics, support services, and industry insights for financial professionals.
With the relationship, advisors and plan sponsors will have no-cost access to fi360’s highly regarded fi360…
ProcessPro Staff Promotions Benefit Clients
St. Cloud, Minn., July 22, 2011 -- ProcessPro, developers of ProcessPro® Premier ERP software, is excited to announce the promotion of two outstanding employees. As part of ProcessPro’s initiative to exceed client satisfaction expectations, these changes will be beneficial to current and future clients.
Rick A. Lenarz will be moving from Client Account Manager to Implementation Analyst. Rick’s career growth at ProcessPro and experiences prior to coming to ProcessPro…
