Story excerpt provided by The Columbus Dispatch.
Written by Kelsey Husnick.
A growing number of central Ohio entrepreneurs are looking to combine business with their socially minded interests, and it’s not going unnoticed.
Sea Change, a 2-year-old Cleveland organization that helps such fledgling companies, began working in Columbus several months ago. The name stands for Social Enterprise Accelerator, and the group’s work — nurturing startups — is similar to what Rev1 Ventures does in Columbus.
“A social mission has to be embedded in the business model,” said Tally Wolff, managing director for Sea Change, explaining what makes a business a social enterprise. Further, to distinguish it from a nonprofit, “it has to be sustainable. It has to have a revenue stream.”
Click here to read the complete article.
Originally published August 28, 2016.