Foundation
Current Projects of IC Foundation
Slow Money
With support from the W.K. Kellogg Foundation, the IC Foundation has embarked on a project to more effectively respond to early-stage food companies, steering more capital toward building a healthy food system. The Slow Money project (a friendly reference to Slow Food) is exploring the feasibility of a sustainable food fund that provides effective, mission-driven intermediation for entrepreneurs, investors and philanthropists.
B Lab: Private Enterprise for Public Benefit
B Lab envisions a new sector of the economy which harnesses the power of private enterprise to create public benefit. This sector, sitting between the for-profit and non-profit sectors, is comprised of a new type of corporation – the B corporation. B corporations are unlike traditional responsible businesses because they 1) institutionalize stakeholder interests; and 2) meet comprehensive and transparent social and environmental performance standards.
The mission of B Lab, a non-profit organization, is to support B corporations and this emerging sector by 1) developing and disseminating a legal framework to institutionalize stakeholder interests within existing corporate law; 2) certifying and rating B corporations; and 3) creating and promoting a powerful unifying brand.
By becoming a B corporation, entrepreneurs can 1) stand out as leaders; 2) grow and create liquidity without compromising their values; and 3) differentiate their business through billions of dollars of collective market presence and millions of dollars of marketing spent by B Lab promoting B corporations as distinct, and meaningful.
For more information, please email jay@bcorporation.net