With consolidation threatening his industry, Atthowe resisted the pressures to sell to larger corporations. He preserved the company’s independence and secured the livelihoods of his employees by selling the business to them.
A legacy of art, community and ownership: remembering Scott Atthowe Read More »
We recently interviewed Lumber Trader’s CEO, Danny Steiger. In this conversation, Steiger talks about the company’s path to employee ownership, the experience of the selling owners, and the importance of educating employees about how their employee ownership model works. Lumber Traders is an employee-owned lumber and building supply company in Port Angeles, WA. The company
Project Equity has been helping business owners for the past 10 years sell their businesses to their employees—either through a worker cooperative, an Employee Stock Ownership Plan (ESOP) or an Employee Ownership Trust (EOT). We are celebrating our 10th anniversary by sharing 10 reasons you should consider selling to your employees in our business owner
Project Equity CEO Evan Edwards spoke at a convening on worker-owned businesses hosted by the White House National Economic Council.
Project Equity represents EO at a national convening Read More »
In May, Project Equity hosted our second Employee Ownership Equity Summit. The Summit brought over 150 leaders from around the country to exchange ideas and create action plans that harness the power of employee ownership to transform their communities. An exceptional group of thought leaders, policy makers and employee owners inspired attendees with stories. We have
2024 Employee Ownership Equity Summit highlight series Read More »
This May 6-8, the 2024 Employee Ownership Equity Summit convened policymakers, funders, business owners and advisors to address some of the most pressing challenges and opportunities around broad-based employee ownership. Exceptional speakers, ranging from acclaimed journalist and author Nick Romeo to former Stockton Mayor Michael Tubbs inspired attendees to develop visionary, actionable plans that will
Advancing the ownership economy: 2024 annual summit highlights Read More »
At Project Equity, we have dual focus in everything we do. First, we work hard to create ownership and wealth-building opportunities for Black, Brown and LMI workers. Through this work, we aim to simultaneously address the things that hold employee ownership back from growing at a much faster rate, or unlocking the systems changes needed
The employee ownership pipeline: What we’ve learned Read More »
Employee ownership is a model that works from Main Street to Wall Street. While it remains one of the “best kept secrets” for business M&A, local business retention, strong local economies and equitable economic development, there are many employee ownership champions around the country working to elevate EO. During this year’s Employee Ownership Equity Summit,
Championing progress: 2024 Employee Ownership Inspiration Award nominees Read More »
On March 19, Representatives Ro Khanna (CA-17) and Jamaal Bowman, Ed.D. (NY-16) announced a new bill, the National Worker Cooperative Development and Support Act, which supports worker-owned cooperative businesses by endowing the Small Business Administration, Internal Revenue Service, and numerous federal agencies with the authority to implement programs to support worker co-ops. A worker cooperative is a
Ten years ago today, Project Equity officially launched! We are marking our first decade with a year-long celebration, including a series of reflections and activities. If you are reading this, you are part of our journey, and we hope you will celebrate with us. At Project Equity, we spend most of our time focused on
Employee Ownership Then and Now — a 10 Year Look Back Read More »
