New organization helping socially minded entrepreneurs profit from doing good

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.”

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Originally published August 28, 2016.