In the News

Who is the L3C Entrepreneur?

The pioneers of social enterprise's revolutionary new suffix, May 2010
Thursday, May 20, 2010
by Caryn Capriccioso, Rick Zwetsch and Erin Shaver

Marc Lane provides his insight and expertise regarding L3C opportunities 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.”

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Copyright © 2010, interSector Partners, L3C All rights reserved.

Announcing Marc J. Lane's 35th Book:

The Mission-Driven Venture: Business Solutions to the World's Most Vexing Social Problems

More About The Book
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