B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems.
©Copyright 2012 B Lab. All rights reservedAbout Good Capital
Good Capital is an investment firm that accelerates the flow of capital to innovative ventures and initiatives that harness the power of the market to create sustainable solutions to some of society's most challenging problems. In addition to raising and deploying a venture capital fund for emerging social enterprises, they are committed to collaborating with peers, contributing though leadership, sharing their experiences, and creating innovative products and processes that enables the market for socially minded capital to flourish.
Good Capital became a Founding B Corporation for two reasons: first, we believe that credible independent third party validation is essential. Some other entity needs to set the standards and the company needs to meet those standards. Second, we believe in the vision and the track record of the founders of B Lab, the nonprofit that certifies B Corporations.
Good Capital is actively building a community of people who are passionate about creating positive social change through market forces. They connect like-minded investors to one another and act as a conduit for capital—both human and financial—to flow to worthy social enterprises.
The Change We Seek™
Our mission is to accelerate the flow of capital to good; to create a new asset class, midway between giving and investing so that more money will be applied more quickly and more effectively to the pressing problems of the world.
• GoodCap’s Social Enterprise Expansion Fund provides growth capital to social enterprises that create innovative and self-sustaining solutions to the root causes of inequity in the U.S. and around the world. These enterprises leverage the power of the market to create positive social change. These double- and triple-bottom line enterprises pursue social impact while seeking to build scalable and competitive businesses that generate attractive financial returns for investors.
• Many are discovering that investing in social enterprises offers a powerful way to align their money with their values the same way they do when they buy organic, local produce or Fair Trade coffee. This emerging class of investors is moving beyond the traditional investment paradigm and putting money to work in social purpose ventures that create sustainable social change while providing an attractive financial return. GoodCap makes it easier for investors to magnify their impact by creating investment products that suit their desire for impact and financial return.
Founding B Corporation
Good Capital, LLC
- Industry: Equity Investor - Developed Markets
- Product/Services: Social Enterprise Expansion Fund
- Location: San Francisco, CA
- Ownership: Private
- http://www.goodcap.net
Summary:
Certified: June 2007| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 7.3 | 73% |
| Employees » | 18.1 | 40% |
| Consumers » | 43.4 | 77% |
| Community » | 31.3 | 49% |
| Environment » | 13.1 | 65% |
| Composite B Score | 113.2 |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentEnvironment: >25% of office supplies come from recycled materials
Employees: All employees paid a living wage; >15% of profits included in profit sharing plan; 100% of individual/family health insurance premiums covered; 6+ weeks maternity leave
Community: >50% of employees are women; >20% of employees from low-income communities; >25% of employees take time off for community service; >20% of expenditures directed toward local suppliers; >25% of suppliers located in low-income communities



