gener8tor earns B Corp. certification
Madison-based gener8tor has earned B Corp. certification from the nonprofit B Lab, becoming one of the few venture capital funds to certify as a B Corp, according to a news release. B Corp. certification requires an in-depth review of a business’ social and environmental performance, accountability, and transparency.
Through its startup accelerator programming, gener8tor has helped over 1,000 startups raise more than $1.4 billion in funding and create 9,700 jobs. Additionally, gener8tor’s Skills Accelerator programming has helped 1,400 participants learn new job skills and placed 637 of them in new jobs, with an estimated average salary of $53,907. gener8tor celebrated its 10th anniversary in 2022.
There are just 1,700 certified B Corps globally. As part of the B Corp. certification process, gener8tor updated its internal policies to heighten its focus on environmental sustainability and refined its onboarding and training processes.