What is B Local Illinois?
B Local Illinois is a dynamic collective of businesses and organizations within Illinois dedicated to redefining corporate success by integrating social and environmental responsibility with financial performance. The organization champions certified B Corporations and actively encourages other entities to adopt practices that yield positive social, environmental, and economic impacts. Through a strategic blend of events, networking opportunities, and advocacy efforts, B Local Illinois cultivates a more sustainable and inclusive business landscape across the state. They also serve as a vital conduit for educational resources and facilitate connections between their members and B Lab, thereby supporting the expansion and development of the B Corp community in Illinois.
How much funding has B Local Illinois raised?
B Local Illinois has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for B Local Illinois?
The substantial capital infusion, characterized as a large-scale late-stage funding event, signals a pivotal moment for B Local Illinois. This strategic investment is poised to accelerate the organization's mission to foster a business ecosystem that prioritizes purpose alongside profit. Future initiatives will likely focus on expanding advocacy, enhancing educational programs, and broadening the network of certified B Corporations within Illinois, solidifying its position as a leader in the conscious capitalism movement.
See full B Local Illinois company page