Hoping that the second time is the charm, AARP is once again supporting legislation introduced by Governor Malloy (Senate Bill 23) that would allow businesses to legally incorporate as benefit corporations in Connecticut. According to an article last year by CT by the Numbers, "The bill aims to help social entrepreneurs protect their organization’s social mission, and provide a transparent, accessible, and simple mechanism for defining their business’s social goals". According to supporters of the bill, the legislation also would help drive job creation and increase the number of community-based partners committed to solving some of Connecticut’s most pressing social issues without requiring additional state funding. Whether it is about starting a new career or volunteering to help others achieve their goals, AARP CT views social enterprise as a valuable opportunity for age 50+ entrepreneurs, also known as “Encore Entrepreneurs,” and active retirees with sharp business and entrepreneurial acumen. This legislation would help both connect their skills and passions with a simple, standardized way to formalize their commitment to simultaneously creating public good and profit.
In one of the more curiouser outcomes of this year's legislative session in Connecticut, a bill (H.B.6356) that was introduced by the Governor, had overwhelming support from state legislators, and would have helped do a lot of public good in Connecticut, failed to come up for a vote in the State Senate. AARP supported the legislation and featured it in a recent AARP Bulletin article. Read more about the Social Enterprise bill and it's odd defeat in this article from CT By The Numbers.
By Theresa Sullivan Barger • After decades of part-time and volunteer work while raising her sons, Phyllis Fryzel wanted full-time employment that would combine her international banking experience with her passion for helping others.
AARP strives to connect its members and interested individuals with tools and a community of people that can help them navigate their “what’s next” moments. Whether it is about starting a new career or volunteering to help others achieve their goals, AARP CT views social enterprise as a valuable opportunity for age 50+ entrepreneurs -- also known as “Encore Entrepreneurs” -- and active retirees with sharp business and entrepreneurial acumen.
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