Benefit Business Celebration

Benefit Business Celebration 1/4/14

Be The ChangeOn January 1, 2014, Ingenuity Innovation Center becomes an official benefit organization. We will be one of nearly 30 organizations state-wide (and Columbia County’s first) to participate in this landmark event where companies who wish to focus on the triple-bottom line (people, planet and prosperity for all) will become protected under Oregon law. According to the newly enacted law, an Oregon benefit company is a type of corporation or limited liability company that wants to consider its impact on society and the environment in addition to profit in the business decision-making process.

Benefit companies differ from traditional corporations and LLCs with regard to their purpose, accountability and transparency. The purpose is to create a general public benefit, which is defined as “a material positive impact on society and the environment, taken as a whole, from the business and operations of the company.”

Saturday, January 4th Ingeuers will meet for a potluck at the Ingenuity Innovation Center to celebrate this landmark event.  For more details about this event, please visit our calendar.