Flexible Purpose Corporations: The Future of Sustainable Capitalism

Business Association of Stanford Entrepreneurial Students (BASES)

04/13/2011 03:00 p.m. - 04:30 p.m.

Clean Technology

Stanford University
Alway M212
Palo Alto, CA 94305

Speaking Engagement

Corporations are traditionally divided into two separate camps: For-profits and Nonprofits. But now that's changing. On January 1, 2012, California joined at least five other states in creating two new "hybrids" - "flexible purpose" corporations and "benefit" corporations - that can pursue charitable or public benefit purposes while still making profits for shareholders. Our speaker will explain the features of these new entities, how they come into being, how they operate . . . and why they may or may not make sense for your existing or start-up venture.

This presentation was given to a select group of international student entrepreneurs participating in the BASES E-Bootcamp, chosen for the creativity and beauty of their ideas and sheer personal excellence. They represent about 28 countries and 64 different schools and 25% of them are women entrepreneurs.

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