Center for Business Excellence

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Following several months of discussions, planning, and internal reviews, the Sustainable Business Incubator is now taking shape as a public reality. To see where we are today, please visit http://SustainableBusinessIncubator.com.

The Center is evolving to meet the new challenges – and take advantage of the new opportunities – offered by a renewed focus on sustainability. In the past year or so, with the release of An Inconvenient Truth, the transition to a Democratic majority in Congress, and the Bush Administration’s acceptance of the reality of global warming, there has been an extraordinary upsurge in business as well as popular interest. In conjunction with the Institute for Sustainable Enterprise at Fairleigh Dickinson University, the CBE is now creating a Sustainable Business Incubator.

For more information on this project, email jcloud@cbe-nj.org.

This activity would not be possible with a source of sustainable funding. In 2004, the Center for Business Excellence conducted a study called “Beyond Philanthropy,” which looked at new charitable models where organizations receive ongoing business revenues from some of their associated activities. Successful examples include for-profit/nonprofit partnerships, where the for-profit generates some form of income for the nonprofit, financial subsidiaries, and joint ventures.

We are currently working with the Institute to develop sustainable funding sources for the Incubator and other projects.

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