ICA Group

How Massachusetts is working to get retiring business owners to let their employees take over

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From Fast Company: Massachusetts wants to nudge these business owners toward another option: selling their companies to their employees. The state hired two nonprofits with expertise in shifting to employee ownership models–Working World and ICA Group–to revive its Office for Employee Involvement and Ownership (EIO), which was initially established in the late 1980s but faded […]

ICA Group

Mass. lawmakers revive effort to spur employee ownership

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From the Boston Globe: he news: The Massachusetts Office of Business Development last month hired two consultants, ICA Group and Working Wealth, to revive the Massachusetts Office for Employee Involvement and Ownership. ICA and Working Wealth will be paid $150,000 to travel the state and preach the gospel of employee ownership — at events and in meetings with potential candidates […]

Democracy at Work Institute

For Retiring Business Owners, Worker-Owners Can Carry the Torch

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From the International Economic Development Council (pdf): For the busy owners of small businesses, short-term pressures often take precedence over long-term planning. That’s why many business owners lack a succession plan to ensure that the enterprise will continue when they’re ready to step down. The stakes are especially high when the firm is a community […]

ICA Group

Hacking the American Dream: Progressive Senators Go Big for Worker Ownership

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From Commondreams.org (pdf) Hacking the American Dream: Progressive Senators Go Big for Worker Ownership Two common-sense pieces of federal support for employee business ownership on the table The best-kept business model secret of our age is about to get the spotlight it has long deserved. It’s employee ownership—a proven, common-sense pathway to reduce inequality, anchor […]