Blog : Benefit Corporation Structure comes to New Hampshire

By Anna | Oct 2, 2014 | in

Recently, the state of New Hampshire passed new legislation to go into effect on January 1, 2015 authorizing benefit corporations. Not sure what a benefit corporation is? The University of New Hampshire's Carsey School of Public Policy will hold two free workshops this month to help educate the public.The first workshop will be hosted by W.S. Badger, located at 768 Route 10 Gilsum, N.H. It is scheduled to be held on October 15 from 5 – 7 p.m.

The second workshop will be held at The University of New Hampshire on October 16 from 5 – 7 p.m. It will take place in the Squamscott Room of Holloway Commons. Locally known as HoCo, Holloway Commons is attached to the Memorial Union Building or MUB. Click here for information on visitor parking at UNH.

A benefit corporation, essentially, is a new legal form designed for businesses that seek a positive impact on society and the environment, as well as a positive return to investors. Available in certain states, it is designed for companies and for-profit businesses that want to include the environment and people in their decision making process. Soon, New Hampshire corporations can join the over 1,000 companies that have already adopted the structure across the country, including leaders like King Arthur Flour, Patagonia, Method and Plum Organics

Want to learn more about benefit corporations and how they affect you? Then come to one of two free workshops this month. The workshops will be preceded by a reception with refreshments. These events are free, but please RSVP here so the Carsey School knows how many people to expect.

The two free workshops on the new benefit corporation structure will provide information on: whether benefit corporation structure makes sense for your business, how to elect it, how the structure differs from conventional corporations and additional general information.

The workshops will include presentations made by Bill Clark, from Drinker Biddle & Reath and Holly Ensign-Barstow, from B Lab. It is sponsored by Carsey School of Public Policy, W.S. Badger, New Hampshire Businesses for Social Responsibility, Responsible Governance and Sustainable Citizenship Project, Paul College of Business and Economics, Net Impact UNH, UNH Discovery Program, and B Lab.

To learn more about this event, click here.