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 »
The 3rd Annual National Conference on the Black Cooperative Agenda was held June 13-15,2024 in Saint Paul, Minnesota. The conference was organized by the Network for Developing Conscious Communities (NDCC) and Nexus Community Partners with the theme Driving Economic Wealth: The Power of Black Cooperative Enterprises. While national in scope, the conference highlighted the growing
Reflections on the 2024 National Conference on the Black Cooperative Agenda 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 »
Broad-based employee ownership (EO) has emerged as a transformative strategy to boost incomes and build wealth for working people, including low- and moderate-income workers and workers of color. But as EO gains momentum across the country, questions remain about its specific impacts on Black communities: To what degree are Black workers currently benefiting from EO?
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 »
EO supporters across California are coming together in support of a budget request to fund the California Employee Ownership Hub. Senator Josh Becker and Assemblymember Ash Kalra are co-sponsoring this request for $1.5million over 3 years. This initial small budget allocation would fund the Hub Manager position and enable essential programming for the first three
Sign on to support California’s Employee Ownership Hub 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
The Washington Center for Employee Ownership (WACEO) is an initiative to catalyze EO across the state by raising awareness, building on existing practitioner capacity and expanding access to capital. The WACEO is being developed by the longtime EO champion Whatcom Community Foundation, with support from Project Equity. This center will join a growing number of
The Employee Ownership Catalyst Fund, Project Equity’s fund dedicated to providing flexible capital to businesses transitioning to employee ownership, has reached nearly $6M in committed capital. Since its launch timed with Labor Day in 2021, six businesses ranging from entertainment and food to education consulting have received financing for their transitions. The fund was designed
EO Catalyst Fund reaches nearly $6M in capital to aid in transitioning businesses Read More »
