04 Sep '11, 6am

Community-oriented Business Incubator for Social Enterprises: Springboard Innovation, a nonprofit organization

Community-oriented Business Incubator for Social Enterprises Springboard Innovation, a nonprofit organization helping people launch sustainable businesses, has come up with a unique business incubation plan for social entrepreneurs. Springboard plans to turn a large building in need of redevelopment in Portland into Hatch, which will incubate socially responsible companies that fall somewhere in-between the nonprofit and for-profit realms. The Hatch venture is aimed at serving mission-driven social enterprises, which will include both nonprofits and for-profit companies. Hatch will provide space and business support services such as legal, banking and insurance. Amy Pearl, executive director and CEO of Springboard says that organizations engaged in social innovation and social entrepreneurship find it difficult to get services that can understand their hybrid nature of wor...

Full article: http://www.justmeans.com/Community-oriented-Business-Incu...

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