A public benefit corporation is a corporation created to generate social and public good, and to operate in a responsible and sustainable manner. Unlike traditional corporations, benefit corporations are required to make sure they provide a social good, in addition to turning a profit. This is achieved by donating money to charity, creating jobs in underprivileged areas, or investing in sustainable practices.
The goal of Nyleve’s Haven, PBC is to acquire one m1llion social impact investors willing to invest between $5 and $50. Ultimately, success will be determined by the amount of people helped in the West End of Louisville, Ky.
As a social entrepreneur, I am creating an enterprise that helps humans in need to help themselves and helps servant leaders to serve in the West End of Louisville Ky. The essential part of my job as the Creative Executive Owner, is not to create projects but to fund them. Based on relationships. I see that someone is doing what they say they are going to do in the West End of Louisville; I hear a good word about what a servant leader is doing or planning to do for and in the West End of Louisville; I am personally impacted by what a non-profit says they need money for, and they get funded at a comfortable level, for one year. They will have concerns, money will not be one of them. Because I will fund based on proof of concept, there will be a different process for startups, maybe three or six months of funding.
$5 to $50 investments means EVERYONE can invest, if it is their intent. Even a child will be able to say: “I helped someone.”