Black employee ownership

How 3 cities are building equitable local economies through employee ownership

Cities across the U.S. are adding employee ownership to their toolkit.  Why?  Many leaders are recognizing the benefits of employee ownership as a strategy to: Retain local businesses, jobs, and tax base as more than half of local business owners are nearing retirement and without many options to sell their business.   Provide meaning pathways to

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Funders embrace employee ownership as a strategy to strengthen communities

As we continue celebrating Employee Ownership Month, Project Equity asked members of its team to share thoughts and resources surrounding employee ownership. “It’s inspiring to see so many funders embracing employee ownership as a strategy for strengthening communities and building wealth for workers, particularly workers of color and low-to-moderate incomes. Earlier this year, funders joined

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National Minority Supplier Development Council Conference

Advancing Employee Ownership Through Cross-Sector Collaboration Employee ownership is a growing trend that has the potential to advance the dignity and wealth of millions of workers and their communities. As baby boomer businesses retire, 3 million job-creating businesses will be sold or closed over the next decade. This creates a unique opportunity to transition those

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2022 Annual Report

In 2022, we dreamed big—passing legislation, co-leading the first national employee ownership awareness campaign, teaming with Morehouse College to publish groundbreaking research on Black wealth building, and hosting our inaugural Employee Ownership Equity Summit. At the same time, we never lost sight of the power that employee ownership has…

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Strategies to Advance Black Employee Ownership

Broad-based employee ownership sustains quality jobs and builds wealth for employees. It creates stronger and more profitable businesses and preserves the legacy and wealth of small businesses in communities. Project Equity’s publication, Strategies to Advance Black Employee Ownership Employee Ownership offers strategies and practical considerations to advance Black employee ownership as a complement to the

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Project Equity and Morehouse College Partner to Address Racial Wealth Gap Through Employee Ownership

Project Equity has partnered with Morehouse College to produce two groundbreaking papers on the topic of employee ownership and its potential to address the racial wealth gap. The first paper, titled “ Employee Ownership for Black Workers: Closing the Racial Wealth Gap,” provides a comprehensive analysis of the challenges facing Black workers in building wealth

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Employee Ownership for Black Workers: Closing the Racial Wealth Gap

Two undeniable facts make employee ownership a viable solution for closing the racial wealth gap: the wealth gap in America — and Atlanta in particular — is widening and steady, low-wage employment is failing to make a difference. This study explores how traditional structures have contributed to the concentration of wealth in the hands of

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