• Becoming An Oregon Benefit Company

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    Name: Becoming An Oregon Benefit Company
    Date: March 20, 2019
    Time: 6:00 PM - 8:00 PM PDT
    Website: www.neoedd.org
    Event Description:
    The Northeast Oregon Economic Development District (NEOEDD) and Benefit Corporations for Good (BCG) provide a special opportunity to learn about creating or converting to an Oregon benefit company with a workshop on Wednesday, Mar. 20, at noon at the "IGNITE" E-Center, 104 Depot St. in La Grande, and then at 6 p.m. at Launchpad Baker, 2019 Main St. in Baker City, and simulcast at the Enterprise City Library, 101 NE 1st St. (back entrance). The evening program also includes a presentation by attorney Kim Mosier.
    Register at https://goo.gl/forms/PAbgapjEDNPmLWJj2
    Benefit companies are a growing business movement to build healthy and equitable communities. Entrepreneurs of all ages and companies of all sizes are discovering how to positively impact the world while making a profit. The movement focuses on what is called the “triple bottom line,” or People, Planet, and Profit, meaning a company should treat its employees well, run a business that is not exploiting human or natural resources, and also be a viable business. These companies are called Benefit Companies, Benefit Corporations and B Corps, and they operate under different rules than other businesses.

    New or established LLCs or C Corps can become a Benefit Company. Currently, more than 1,400 businesses have registered as a Benefit Company in Oregon. In this hands-on workshop, BCG’s Tom Hering will provide an overview of the benefit corporation model and then:
    1. Review the state’s requirements and the process for becoming a Benefit Company
    2. Use a simple assessment tool to help participants determine whether their business and leadership style make them a good candidate for this business model
    3. Provide the forms and language needed to become or amend status as a Benefit Company
    4. Share options for certification by a third-party reviewer to differentiate a business as a Benefit Company
    5. Discuss strategies to leverage a business’s status as an Oregon Benefit Company
    Mosier will address business structure pros/cons, considerations for property ownership, considerations if you have a business partner, reducing risk within your business, when a business should engage an attorney, and what to look for when hiring an attorney.
    The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about its programs and business support at www.neoedd.org.

    Enterprise City Library, 101 NE 1st St. (back entrance)
    Date/Time Information:
    Wednesday, March 20, 2019
    6:00 pm
    Contact Information:
    Kristy Athens, 541-426-3598
    Set a Reminder:
    Enter your email address below to receive a reminder message.

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