GoodCompany is interested in attracting dynamic entrepreneurs with commitments to fulfilling valuable social missions in a wide range of spaces, including but not limited to:
Educational reform and impact
Healthcare reform and impact
Social networking and community creation
Job creation for difficult to employ populations
We strongly encourage our incubator entrants to be part of a team. You can apply by yourself; but we are more likely to accept proposals from small teams. If you are solo and we really like your idea, we may recommend other people who can join your team.
- GoodCompany accepts only for-profit companies. Nonprofit, hybrid, and for-profit business models can all addres critical social issues with the rigor and access to capital of the business world. However, GoodCompany’s founders aim to promote sustainable models that could provide private investors with attractive social and financial returns.
- Social impact should be a central component of the mission or operations. While many businesses have important social objectives and/or highly active philanthropic activities, we are looking for models where social impact is integral to what the company does.
- We think the needs of a sustainable economy are some of our largest social needs. That means, for example, that our interests span education, clean technology and economic development…and your new idea, too.
- GoodCompany accepts entrepreneurs who agree to measure their impact against a triple bottom line encompassing people, profit and planet. Of course, entrepreneurs need to find a measurement system that makes sense for them. As an example, a refined set of metrics (that we happen to like) for summing across the “non-financial” bottom lines can be found at BCorporation.net.
- Innovation matters. Old business models can be effective ways to address social issues, but they rarely provide strong financial returns. We are especially interested in models that harness cutting edge technology or re-think existing models.