Business, Entrepreneurship & the Law, Vol. 1, p. 1, 2007
25 Pages Posted: 8 Feb 2013
Date Written: January 1, 2007
The tradition distinction between the nonprofit and for-profit corporation is decaying, creating space and demand for a new, hybrid corporate entity to promote social entrepreneurship. The non-profit model struggles to raise money and innovate because it provides no return to its investors. the for-profit model only encourages investment when there can be significant financial profit. This article proposes a "not for loss" corporation which would combine non-profit tax advantages with the ability to provide a capped returned on investment investors.
Keywords: nonprofit, for-profit, non-profit, corproration, social, entrepreneurship, business, investment, return, tax
Suggested Citation: Suggested Citation
Milbrandt, Jay, A New Form of Business Entity is Needed to Promote Social Entrepreneurship: The Not-for-Loss Corporation (January 1, 2007). Business, Entrepreneurship & the Law, Vol. 1, p. 1, 2007. Available at SSRN: https://ssrn.com/abstract=2202358