3 local gov staffers are studying other cities’ coops to boost Philly’s democratic biz economy

From Generocity: Cooperative biz models aren’t new in Philadelphia, but lately, they’ve been getting a bit more top-down support. A yearlong fellowship that teaches city leaders the necessary skills for catalyzing democratic business ownership is working in three local commercial corridors: 52nd Street, Woodland Avenue and East Passyunk Avenue. The SEED Fellowship — which stands for Shared Equity in […]

Employee-Owned Businesses a Tool for Equitable Growth

From the National League of Cities:  Income and wealth inequality, exploitative working conditions and displacement are critical issues faced by communities across the country. These challenges require strategies that create both stable employment and access to opportunities for building assets. Local governments have traditionally invested in the dual pathways of entrepreneurship and workforce development to […]

More Home Care Agencies May Become Employee-Owned as Aging Owners Exit

From Home Health Care News: Home care agencies continue to grow in number as the population of older adults increases. However, as home care owners decide to retire themselves, they are sometimes permanently shutting down their operations, leaving a gap in the local economy and forcing workers who are happy in their roles to seek different […]

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Workers to Owners is a national collaborative formed to accelerate conversions of businesses to employee ownership. The collaborative includes technical assistance providers, co-op developers, lenders, and business support organizations that work to support transitions to employee ownership at local, state, regional and national levels.  We aim to work directly with owners to support them in their succession planning and partner with city and state leaders committed to helping build a stronger, more resilient economy.