Social benefit company (Vrachiapolis)

In Vrachiapolis, a social benefit company (SBC) refers to a type of benefit company that is dedicated to promoting social entrepreneurship and egalitarian values. This can involve employing otherwise disadvantaged peoples in society and supporting the general idea of improving the standards of living of the people of Vrachiapolis and the world. They often consider social and environmental values to be on par with profits.

History
Social benefit companies can be originated from the egalitarian ideas and welfare state concepts the Peace and Prosperity Party (PPP) tried to kickstart and promote after Vrachiapolian self-governance in 1971 and independence in 1974. A meritocratic system in government and universities were introduced, and a national public healthcare system was founded in 1975.

However, there was still a significant amount of inequality in Vrachiapolis. Many people with mental disabilities were often unable to find work, and there was an increase of homelessness. In addition, many Vrachiapolian companies used products that were from unsustainable and unethical sources. Therefore, some Vrachiapolian entrepreneurs decided to change the way companies were run in Vrachiapolis. Some of these entrepreneurs, such as Philippos Pantazis and Marc Rotariu, were also in contact with the Vrachiapolian government, which, especially after the rise of Baha Çakmak in 1979, would help sponsor these future companies.

The first known example of a social benefit company was founded as Nokmika Plastics by Pantazis in March 1980, which was a manufacturer of plastic products. Almost all of its workers were primarily of low-income, but they were paid a good wage, the equivalent of US$5 (US$18 in 2023) hourly. Nokmika Plastics merged with Dimakopoulos Industries, which was also an SBC, to create The Plastics Guys in 2005.

Examples

 * The Plastics Guys - A company manufacturing plastic products, including bins and household objects. It was founded to provide jobs for those from lower-income households.
 * National Vending Services - Founded in 1990 by Yannis Nevrakis, who has autism. A operator, importer and maintainer of vending machines, kiddie rides, arcade games, claw machines and other coin-op amusements and conveniences, it is dedicated to providing jobs for those with special needs and other disabilities.
 * Ikopola Bakery Company - A bakery in Ikopola who is dedicated to providing jobs for those with special needs.
 * Wellington Lumber - A lumber company that sources its wood and lumber from specialized 'cutting islands' in the country where trees are specifically planted for cutting and usage for the company. This method has spread and is also used by other lumber SBCs who have used land reclamation for 'cutting islands'. Most of its employees are new immigrants to Vrachiapolis or are from lower-income households.
 * COTR - A clothing store in Ikopola that employs new immigrants to Vrachiapolis.
 * Music & More - A store selling music items, including CDs and band/artist merchandise, and pop culture-related products. It is dedicated to providing jobs for those within the LGBTQ+ community.
 * Vrachiapolis Furniture - A furniture manufacturer. Most of its employees are members of the Arab and Romanian communities in Vrachiapolis.