In The News

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Eternal sunshine of the spotless car seat
Thursday, June 24, 2010
During the fist Northwestern Entrepreneurship Week, Marc participated as a panel judge and awarded the Kellogg Cup and a $7,000 prize to Spotless Strollers and Seats, an eco-friendly stroller and car seat cleaning service. The winning team competed against 50 other teams in an exercise is to expand students' understanding of the dedication, skill and hard work required to establish new ventures.
 
Who is the L3C Entrepreneur
Thursday, May 20, 2010

Marc Lane provides his insight and expertise regarding L3C opportunties in this researched whitepaper written and published by interSector Partners, L3C

Click here to view the whitepaper. 

Whitepaper Excerpt:

These are merely a fraction of the wide spectrum of ideas, fields and structures being created as L3Cs. According to Marc Lane, a Chicago attorney who has provided legal counsel to help launch at least 50 L3Cs, it’s because the L3C provides a space for innovation and new approaches that existing business and nonprofit models do not:

I think that’s a reflection of the opportunity; it’s there to be shaped. It invites creativity and innovation in deal design and entity design. When you talk to clients about the various ways businesses can be structured, that very conversation sparks reactions in clients. The L3C empowers the client to re-imagine the venture beyond the constraints of the typical corporation, partnership or LLC.”

 
People. Planet. Profit. Blog
Sunday, March 7, 2010

People. Planet. Profit. Blog

Welcome to the first edition of "People. Planet. Profit.", the monthly publication of Left Brain/Right Brain Productions' official blog. Featuring inspiring people in media and entertainment, stories from around the planet, and best practices for profitable social enterprise.

This month we feature interviews with Craig Farkus, Executive Producer of Instant Karma Films; Bosnian author, inspirational speaker and performer Nadja Halilbegovich; and Marc Lane, President of the Social Enterprise Alliance - Chicago chapter.

 
Socially Responsible Investing
Sunday, March 7, 2010

Socially Responsible Investing

Socially responsible investing, also known as socially-conscious or ethical investing, describes an investment strategy which seeks to maximize both financial return and social good.

 

 
Illinois' fiscal crisis demands reform of income tax system
Monday, February 15, 2010
Illinois' fiscal crisis demands reform of income tax system
No issue in Illinois' photo-finish primary election separated the Democratic candidates for governor from the Republicans more than the possibility of a state income tax hike. While Democratic Gov. Pat Quinn and Comptroller Dan Hynes argued for higher income taxes, every Republican contender vowed to plug the state's massive budget deficit, somewhere north of $12 billion, by relying only on spending cuts and revenue enhancers that would keep the income tax just as it is.
 
Is an Ultra-conservative Asset Mix Really the Answer to a “Fat-Tailed” World?
Tuesday, January 5, 2010
Is an Ultra-conservative Asset Mix Really the Answer to a "Fat-Tailed" World?

In response to recent market volatility culminating with 2008's stock market debacle, many of Wall Street's top financial services firms are re-thinking the foundational mathematics upon which their risk models are based. This shift comes from the recognition that some of our most basic assumptions regarding market behavior and risk may somehow be flawed. The question being asked is: do the use of standard deviation as the primary measure of risk and a tidy "bell-shaped" distribution for expected annual portfolio returns allow us to make the most reliable estimates of long-term portfolio performance - - or do they lead us to dramatically underestimate risk?

 
Nonprofits benefit from for-profit practices
Monday, December 28, 2009
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Nonprofits benefit from for-profit practices

Seth Weinberger has built a local educational foundation into a million-dollar social enterprise serving about 30,000 underprivileged students in 15 states, proving that not every nonprofit is struggling these days.

 
New corporate structure could give social entrepreneurs new funding stream
Monday, August 10, 2009

New corporate structure could give social entrepreneurs new funding stream
Illinois is among the first states to pass an L3C law. Vermont passed the first law on April 30, 2008, and now lists about 60 L3Cs in the state database, including a chess camp, theater, alternative energy companies, publishers, food companies and numerous consulting firms. The law, signed by Gov. Pat Quinn last week, allows the incorporation of low-profit, limited-liability companies, or L3Cs, a new hybrid structure for for-profit ventures that have a primary goal of achieving a socially beneficial purpose.

 
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