New Benefit Corporation Focused on Providing Resources and Support to Bootstrap Social Impact Businesses
Led by two ambitious, social entrepreneurs, the benefit corporation Righteous Causes is a first-of-its-kind, online innovative platform whose mission is to use disruptive technology to support social change has officially launched. The New York-based startup helps increase exposure and facilitate interaction between early-stage entrepreneurs and angel investors.
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Righteous Causes’ co-founders, Ford Seeman and Elizabeth David-Dembrowsky, founded the company based on their personal experiences with social entrepreneurs like themselves without proper access to funding and resources. Righteous Causes offers expertise to facilitate financial inclusion through a three-pronged ecosystem consisting of angel investors, founders and consultants.
“Historically, there has been no consistency in incubator and accelerator programs that help professionals execute their business needs – independent social entrepreneurs struggle to scale their business,” Seeman said. “Righteous Causes offers a comprehensive business model for social entrepreneurs wanting to bootstrap their social impact business but who don’t yet have the financial ability or connections needed. We connect founders to consultants and angel investors to provide not only expertise but funding all in the name of social good.”
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Righteous Causes caters to each company’s individual needs that include grant writing, legal, marketing, accounting, business and life coaching and financial resource development. Additionally, the benefit corporation is bridging the gap between social impact and profit to show that people, planet and profit are not mutually exclusive.
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