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C3 - The New Hybrid Business Model in BC

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?

Check out the BC government's press release  and the Social Enterprise Canada Website.

Categories: C3 and non-profit organizations, Small Business

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