Conscious Venture Lab is an early stage business accelerator located in Columbia, Maryland.
It is dedicated to developing companies and entrepreneurs who embrace capitalism as a force for good in society.
Below are excerpts from its website. You can discover more via the following link.
Earlier this year a group of entrepreneurs, thinkers, teachers, writers and mentors got together to start talking about how capitalism might be re-imagined to create a more just, joyful and prosperous world for all of us.
We called our gathering the David B Wolfe Institute for Conscious Entrepreneurship after our late friend David Wolfe.
David co-authored a book in 2006 entitled Firms of Endearment: How World Class Companies Profit from Passion and Purpose.
The experience of working with David and listening to his ideas about capitalism changed our lives.
As a result we are deeply committed to helping create a new form of capitalism in America.
One that smooths the rough edges and helps to create a society where work as a calling to elevate humanity is rewarded.
Rewarded with financial success, healthier communities, a growing middle class, a protected environment and a thriving economy for all. But we need your help.
To develop companies and entrepreneurs who use the power of purpose to transform capitalism.
We help build companies that create value for shareholders, respect our common bonds and elevate our humanity.
What would happen if businesses around the world started caring as much about people as they do about profit?
This question is at the center of our task. Conscious Venture Lab® is an early stage business accelerator with the goal of developing companies and leaders who embrace capitalism as a powerful catalyst for good in society.
We believe there is a way to practice capitalism that allows it to be the greatest power for human improvement and also eliminates the rough edges and massive inequalities that are now being laid upon society.
We work to help extraordinary entrepreneurs in their quest to build companies with societal purpose at their core; to give them all the tools and support they need to create engaged happy employees, loyal and joyful customers, deeply authentic partnerships, caring and safe communities and financial wealth for all their stakeholders.
Jeff Cherry, the Founder and Executive Director of Conscious Venture Lab, describes more about this approach in the article Let’s Redefine Capitalism.
This article first appeared in the Huff Post Social Entrepreneurship on November 13th 2013.