Announcing its first close at $30 million, the fund plans to acquire about 8 firms with majority workforces of color to transition to employee ownership.
Continue ReadingScaling Employee Ownership
Dick May and Chris Mackin: A $100 billion loan guarantee program for employee ownership would be transformational
A federal loan guarantee program of $100 billion per year would permit policymakers to grasp how employee ownership could truly address the problem of economic inequality on a national level.
Continue ReadingInternational Employee Ownership Organizations Endorse Corporate Responsibility
Growing momentum to put social purpose at the center of employee ownership firms.
Continue ReadingBruce Dobb & Tomás Durán: Overcoming the “Equity Injection” Obstacle to Employee Ownership
The reauthorization of the State Small Business Credit Initiative (SSBCI) could offer a timely answer to the down payment dilemma.
Continue ReadingSSBCI Technical Assistance Funds Could Support Outreach & Education
State Centers for Employee Ownership could ramp up their education and outreach to business owners, business service providers, and state leaders with SSBCI technical assistance funds.
Continue ReadingThe State Small Business Credit Initiative (SSBCI): An Opportunity to Grow Employee Ownership?
Could SSBCI 2.0 provide the capital to begin to significantly redistribute business ownership?
Continue ReadingMelissa Hoover: SSBCI Financing Sets Stage to Grow Employee Ownership Conversions
As a field we will need to work hard to build the pathways for capital and technical assistance within the SSBCI program.
Continue ReadingMinnesota Center for Employee Ownership Receives $50,000 Grant
New data shows Minnesotans over 55 own 52,000 local businesses.
Continue ReadingEvergreen Cooperatives Acquires First Manufacturing Firm, Intellitronix
Acquisition extends Evergreen network and adds 35 good-paying jobs.
Continue ReadingCanadian Government to Explore Employee Ownership Trust Options
Federal legislation could broaden access to employee ownership.
Continue Reading