At Y Solve™, we imagine a more just economy.
Y Solve utilizes emerging technologies to create, grow, and scale social impact companies. Our solutions drive social impact, generate financial return, and increase impact sector capacity.
Our goal is to transform the lives of our end-users by increasing the velocity of impact.
A new paradigm is needed to close the widening gap between social need and current solutions
.png)
Coherence Entreprenuership℠
The social impact sector needs a new paradigm to meet the growing gap between social need and sector capacity. Our innovation, Coherence Entrepreneurship, is the jump-step evolution of parallel entrepreneurship.
.png)
Coherence Entrepreneurship allows us to scale our delivery of social impact, generating financial return greater than non-impact funds, and increasing the capacity of the impact sector. Coherence Entrepreneurship has 6 core principles:
Our pipeline: 65 internally-developed companies
Our New Venture Development group combines systematic innovation, proprietary frameworks, and creativity to build next-gen solutions.
The utilization of Coherence Entrepreneurship allows for impact investing to drive social and financial returns greater than present-day.
Our Portfolio: Benefit Corporation and B Corporation
All of the companies that we develop are Benefit Corporations and Certified B-Corporations. The terms are often confused. They share much in common and are complementary but have a few important differences. We use the two structures in a complementary fashion: Benefit Corp as a legal entity and B Corp as an impact reporting, compliance, and signaling mechanism.
Benefit Corporation
The Benefit Corporation status of our companies protects their missions through capital raises and leadership changes, creates more flexibility when evaluating potential sale and liquidity options, and prepares businesses to lead a mission-driven life.
Benefit Corporations enjoy the traditional benefits of incorporating in Delaware, including the robust corporate law framework. However, there are four primary differences between a Public Benefit Corporation and a traditional corporation in Delaware:
Corporate Purpose: A Benefit Corporation adopts a specific public benefit purpose in its charter. This is specific to the company and can be as simple as the company’s mission statement.
Governance: A Benefit Corporation must balance the pecuniary interests of the stockholders, the interests of those materially affected by the company’s conduct, and the company’s specific public benefit identified in its charter.
Reporting: Benefit Corporations must deliver a report to stockholders every two years on how the company is promoting its public benefit and the best interests of its key stakeholders. This report is not required to be made public.
Accountability: Stockholders can bring a derivative suit to enforce the Company’s public benefit purpose; however, this right is limited to only those holding at least 2% of the company’s outstanding shares.¹
B-Corporation (B Lab or B Corp)
B Corporation (also B Lab or B Corp) is a private certification of for-profit companies of their "social and environmental performance". It is distinct from the United States legal designation of a benefit corporation.
B Corp Certification is a designation that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. To achieve certification, a company must:
-
Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above and passing our risk review. Multinational corporations must also meet baseline requirement standards.
-
Make a legal commitment by changing their corporate governance structure to be accountable to all stakeholders, not just shareholders, and achieve benefit corporation status if available in their jurisdiction.
-
Exhibit transparency by allowing information about their performance measured against B Lab’s standards to be publicly available on their B Corp profile on B Lab’s website.
There are several drawbacks of maintaining B Corp status:
-
B Lab certification has no legal status.²
-
To obtain and maintain a B Corporation certification, B Lab charges annual administrative and legal fees depending on the revenue generated by the respective companies.
-
B Lab develops private standards which are non-consensus and does not reference or adhere to international standards which are voluntary consensus based.
-
B Lab certification is not accredited, the European Commission proposed directive will require mandatory accreditation of verifiers.³