Indianapolis, IN: NEXT Studios, a Venture Studio, announces its status as a Certified Benefits (B) Corporation. NEXT is the first Venture Studio in Indiana to obtain this designation. NEXT Studios provides an alternative to the traditional accelerator system. As such, they hold themselves accountable to both financial success as a business, while supporting the entrepreneurial ecosystem of our community.

Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.

“Achieving B Corp status was part of our initial charter, as its indicative of our culture,” states NEXT Studios Managing Entrepreneur, John McDonald. “We are all about creating pathways for underserved entrepreneurs to join the innovation economy.”

Society’s most challenging problems cannot be solved by government and nonprofits alone. The B Corp community works toward reduced inequality, lower levels of poverty, a healthier environment, stronger communities, and the creation of more high quality jobs with dignity and purpose. By harnessing the power of business, B Corps use profits and growth as a means to a greater end: positive impact for their employees, communities, and the environment.

B Corps form a community of leaders and drive a global movement of people using business as a force for good. The values and aspirations of the B Corp community are embedded in the B Corp Declaration of Interdependence.

About NEXT Studios

NEXT Studios is a partnership of experienced entrepreneurs who help visionaries shape their ideas, craft them through a repeatable process, and move them forward with capital and talent. NEXT Studios designed and operated by entrepreneurs, for entrepreneurs, with entrepreneurs.

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