Delaware Benefit Corporation Legislation

On July 17th, Delaware became the 19th state to enact benefit corporation legislation. Given that Delaware is the home to 1 million businesses, including 50% of all publicly-traded companies and 64% of the Fortune 500, it is the most important state for businesses that seek access to venture capital, private equity, and public capital markets. This is a catalytic moment in scaling the market for businesses driving positive social and environmental change.

For more information view the Delaware Governor’s Press Release.

On August 1st, businesses, including our very own RSF Capital Management, will begin registering as benefit corporations. Stay tuned for more information in the coming weeks.

To learn more about benefit corporation legislation, visit http://www.bcorporation.net/what-are-b-corps/legislation.