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Title:

The Hybrid Enterprise: A Tool for Visionary Entrepreneurs

Your vote:
Yes No
Organizer:
Beth Carls, OneSeventeen Media + KidThrive.org
Description:
Hybrid enterprises are a new paradigm that shifts away from traditional company/corporate foundation models and towards a more dynamic, interactive model that allows each entity to act independently and in its own interests, while mutually supporting one another at key junctures to reinforce their overarching goal.
Questions
Answered:
  1. What is a hybrid enterprise and why is it the new innovative option for socially responsible entrepreneurs?
  2. How do hybrid enterprises solve problems and create sustainable organizations through market innovation?
  3. People are talking “green” but what does a triple bottom line (people, profit and planet) really mean to my company?
  4. What are the pros and cons of the different types of hybrid structures? (hybrid, L3C, co-profiting, ESOP, socially responsible businesses, B Corp)
  5. What is involved in setting up a hybrid organization? Why would I want to have two organizations to run?
  6. What letter is best for me? C Corp, S Corp, LLC or the new B Corporation legal entity?
  7. Huffington Post: An example of a hybrid enterprise in publishing
  8. An example of a hybrid enterprise working to alleviate poverty
  9. Google + Google Foundation: An example of a co-profiting model
  10. Where do I start? (A Success Roadmap will be provided to all attendees – sample fact sheets, PPT presentations, research sources and other recommendations)
Level:
Intermediate
Category:
Business / Entrepreneurial / Monetization, Case Study, Funding / VC, Non-Profits, Social Issues
Type:
Panel
Event:
Interactive 2010
Beth Carls
on 20/8/09
There are four components to a hybrid organization: (1) involves both a for-profit and non-profit entity; (2) shares the same or similar purpose; (3) is controlled by a common group, and (4) has an interest to raise money from investment monies and from charitable contributions.

“When an organization is trying to do good, you want to approach both sources of revenue. A charity cannot get investor money and a for-profit cannot get charitable contributions. The only possible solutions is to form a hybrid.”

“One drawback to hybrids is you’re going to be scrutinized more by the IRS. And more scrutiny means more expense, more management and the need for more sophistication.”

(quotes from Kent Seton, CEO, Seton & Associates Law Firm, in Philanthropy Journal, January 16, 2009)
Amy Looper
on 20/8/09
Full disclosure--I'm one of Beth's OneSeventeen Media's business partners--but I would write this regardless of being one of her business partner's because once I learned about Hybrid Enterprises I was totally fascinated that this little known, even less implemented option was available to us in a way that would completely change our business strategies for the better.

If you have a company that's doing something considered in the socially responsible arena and are seriously thinking about how you can raise money in what has become a more challenging money raise environment, then you need to hear what Beth has to say about Hybrid Enterprises.

We were not sure it was for us even though we're a totally socially responsible company, until several Silicon Valley VC's suggested it to us.
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on 12/11/09
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