Ten years ago, Reinvestment Fund launched PolicyMap with just two staff and a dream to democratize data and make location intelligence widely available and accessible. We have been gratified by PolicyMap’s growth over the years–with its 60,000 users and database of more than 40,000 indicators–and are excited to see it incorporate this month as a benefit corporation.
Benefit corporations are for-profit companies that meet higher standards of social and environmental performance, public transparency, and legal accountability, and aspire to use the power of markets to solve society’s most challenging problems.
PolicyMap has always operated with a social purpose. Now as a for-profit benefit corporation, PolicyMap will continue to grow while enshrining the original public purpose for which it was created.
In Philadelphia, nonprofit Project HOME subscribes to PolicyMap to support its work to break the cycle of homelessness; national nonprofit Enterprise Community Partners used PolicyMap as the basis for its Opportunity360 platform; and USDA’s Rural Development Office partnered with PolicyMap in 2016 to help the agency address the growing opioid epidemic in rural America.