Tips and Updates
|Posted on 4 November, 2013 at 16:10|
What's a C3 ???
- A Community Contribution Company
- a first in Canada
- a hybrid business model
What's a C3 for ???
- to encourage philanthropic investors to invest in social enterprise
- to put a strict cap on the dividends that can be paid out to shareholders ( the maximum is 40% of profit)
- to bridge the gap between for-profit businesses and non-profit organizations
This is an exciting new oppurtunity for entrepeneurs with a passion for social enterprise and BC put it together first in Canada !!!
"As a hotbed of social enterprise activity, BC is an apt province to roll out such an option" Stacey Corriveau, Executive Director of BC Centre for Social Enterprise.
Want to know more?