Camp for boys offers innovation, exposure

June 11th, 2013 3:27pm

by Stephanie Eaton Harvie
Staff Writer


Contributed
Lacewell Legacy Camp for boys offers education and motivation to young boys in the Garner area.
 

For those families looking for fun learning experiences for their boys to participate in this summer, then officials with the Lacewell Legacy Ca ...

Read More...

Posted in: L3C News, L3C

View / Add Comment | 0 Comment(s) | Rating: 0 of 5 | Share: Twitter, Facebook, Google +

Vertical Harvest gets WBC funding

May 24th, 2013 3:17pm

THERMOPOLIS - In a flip-flop, the Wyoming Business Council narrowly decided to fund Vertical Harvest at its monthly meeting yesterday along with almost $17.1 million in expected grant funding statewide.



Vertical Harvest is a Jackson-based L3C limited liability company, which are "set up primarily to further a charitable or social purpose," according to the company's website. The social purpose the company plans to serve is employing disabled and/or handicapped Jacksonites to care for the three-story hydroponic greenhouse that will be added on to a narrow lot to the side of a Jackson parking garage. De ...

Read More...

Posted in: L3C News, L3C Funding

View / Add Comment | 0 Comment(s) | Rating: 0 of 5 | Share: Twitter, Facebook, Google +

Social Enterprise: L3C Receives $3m Investment for Organic Milk Coop

May 23rd, 2013 3:22pm

May 23, 2013; Mother Nature Network

A small organic dairy co-op in Maine, Maine’s Own Organic Milk—also known as MOOMilk—has had its struggles but it looks like the farmers are finally receiving the financial support they need. MOOMilk received an equity investment of $3 million from an anonymous New Hampshire backer, the largest investment the co-op has ever seen.

MOOMilk is a low-profit limited liability corporation formed by ten local organic farms in Maine. The farmers banded together to form MOOMilk when mega-dairy company HP Hood discontinued their contracts and none of these farms were able to find another organic buyer. The co-op struggle ...

Read More...

Posted in: L3C News, L3C, L3C Funding

View / Add Comment | 0 Comment(s) | Rating: 0 of 5 | Share: Twitter, Facebook, Google +

NC organic bread flour project moves one step closer to fruition

May 9th, 2013 8:39am

NC organic bread flour project moves one step closer to fruition By Jeff Fobes on 11/05/2010 01:27 PM  

Artisan bread lovers take note: The long-fought effort to provide grow and mill hard wheat for discerning area bakers has resulted in the creation of a hybrid company that puts the love of organic flour on an equal footing with the need to earn a profit.

Jennifer Lapidus' multiyear effort recently resulted in registering Carolina Ground as a North Carolina "L3C" company, according to a recent blog post on the North Carolina Organic Bread Flour Project's website.

Here's how Lapidus describes the company: "An L3C is a sort of hybrid between an LLC and a 501 C-3, in other words, it is a mission-driven for-profit business; it's also know as a "low-profit" com ...

Read More...

Posted in: L3C News, L3C

View / Add Comment | 0 Comment(s) | Rating: 0 of 5 | Share: Twitter, Facebook, Google +

The Mission Center L3C Incubator

April 23rd, 2013 6:20am

 

 

 

 

The Mission Center L3C has been incubating and accelerating high impact social enterprises since first launching in 2010. Starting with its own venture, a management services organization that increases the efficiency and effectiveness of the social sector through economies of scale in back-office operations for nonprofits, TMC L3C has subsequently been engaged by individuals, organizations and foundations alike to assist in developing, launching and scaling nonprofit, for-profit and hybrid social enterprises.

Examples of our incubation and acceleration work include:

The Mission Center Nonprofit Services LLC

The first social enterprise TMC L3C developed, launched and subsequently graduated is a comprehensive business services center for nonprofits that provides economies of scale in human resources, accounting and health insurance.

Read More...

Posted in: L3C News, L3C

View / Add Comment | 0 Comment(s) | Rating: 0 of 5 | Share: Twitter, Facebook, Google +