Centscere Joins about 1,000 Other Companies as a Certified B Corporation

August 15, 2014

12:00 pm

A number of words might describe how the Centscere team feels right now: honored, accomplished, or even part of the chosen few. Last week, Centscere – a company that focuses on “innovative fundraising for the digital era” – was named a Benefit “B” Corporation.

For most startups, filing to become incorporated isn’t a challenge, but this particular category is extremely selective.

According to BCorporation.net, “B Lab is a 501(c)3 nonprofit that serves a global movement of entrepreneurs using the power of business to solve social and environmental problems.”

There are thousands of “social businesses” across the globe, but not all meet the requirements to become a B Corporation. In fact, BCorporation.net reported there are only about 1,000 certified B Corporations.

“We’ve proven not only that we are transparent, but that we are committed to solving social, environmental, and humanitarian challenges,” says Frank Taylor, one of the Centscere cofounders. “Our generation does not have to be one of Gordon Gekkos; we are capable of creating businesses whose purpose is not just to make money.”

Despite the team’s excitement, filing to become a B Corporation wasn’t an easy process.

“Pursuing a B Corp certification was an arduous, but rewarding process….a multi-day process where we had to answer hundreds of questions – requiring us to sift through and delicately organize all our financial information and business records to prove a high level of rigor,” says Taylor of the impact assessment.

More about Centscere

According to their site, Centscere “turns your social media actions into everyday behavior.”

Some of Centscere’s non-profit partners include Hire Heroes USA, Jumpstart, and Susan G Komen Greater Kansas City Affiliate.

Taylor, along with Ian Dickerson (who we interviewed in June), now lives in New York City. The team will also be re-branding and re-designing Centscere at the end of August.

“This includes new landing pages, a sleeker user experience, and a more campaign-based approach to fundraising,” says Taylor. “Look out for larger NPOs and global relief agencies to be featured on Centscere.”

Did you like this article?

Get more delivered to your inbox just like it!

Sorry about that. Try these articles instead!

Amanda Quick is a tech/startup reporter covering young entrepreneurs for Tech Cocktail. She’s also interested in covering apps, emerging technology, IoT and beauty & wellness.

Amanda is currently in grad school at Syracuse University studying Information Management. In the past she has interned at NBC Sports, NBC Olympics, Brand-Yourself, and the Times Leader Newspaper as well as worked at WWNY-TV and the StartFast Venture Accelerator in Upstate New York. Amanda is originally from Kansas City, MO but has also lived in Canton, MA and Scranton, PA.

To learn more you can visit amandalquick.com.

Like Amanda on Facebook and follow her on Twitter.

  • Shares

Leave a Reply

  • (will not be published)