Social Enterprise: A Lawyer's Perspective

“Impact Investing Term Sheets: How to Protect Mission in 2019 and Beyond” is a newly released podcast with discussion points from the most recent Social Venture Circle Conference, building and serving communities of inspired and informed impact investors and business leaders to make social, economic, and environmental change for more than 30 years.Most business deals start with a term sheet setting forth the material terms and conditions of the agreement. For the social enterprise deal, provisions relating to social impact, values, or mission, are important to impact investors and entrepreneurs alike. The panel discussed use of the term sheet structure as a way to identify, articulate, and enshrine social values and mission into impact investment transactions. The panel also contrasted traditional term sheet provisions with non-traditional “social” term sheet provisions that establish clear understandings around mission and impact at the outset and guide the preparation of legal documents.Speakers included:Al