Happy Earth Cleaning – Minneapolis, MN

Posted on

Industry: Cleaning Location: Minneapolis, Minnesota Number of employees: 19 Became employee owned: 2019 Assistance: Project Equity, Nexus Community Partners Financing: Shared Capital Cooperative Learn more happyearthcleaning.com Project Equity – Happy Earth Just Got Happier (2020) Minnesota Public Radio – Supporters see worker co-ops as way to spread the wealth (2020) Star Tribune – Nexus Community Partners plans to […]

Oxbow Design Build – Easthampton, MA

Posted on

Industry: Construction, Architecture and Design Location: Easthampton, Massachusetts Number of employees: 7 Became employee owned: 2019 Financing: Shared Capital Cooperative Learn more oxbowdesignbuild.com VAWC – Oxbow Design Build Cooperative (2019) Hasler – Worker, Consumer, Producer….Owner (2018)   Employee Owned Small Businesses in Construction Employee Owned Small Businesses in Architecture and Design Employee Owned Small Businesses in Massachusetts Employee Owned […]

Working Systems – Olympia, WA

Posted on

Industry: Tech Location: Olympia, Washington Number of employees: 15 Became employee owned: 2019 Assistance from: Northwest Cooperative Development Center Financing: Shared Capital Cooperative Learn more www. workingsystems.com WIP – A business that serves workers will become a business owned by workers (2019)   Employee Owned Small Businesses in Washington Employee Owned Small Businesses in Tech Employee Owned […]

Adams and Chittenden – Berkeley, CA

Posted on

Industry: Manufacturing Location: Berkeley, California Number of employees: 7 Became employee owned: 2019 Assistance: Project Equity Financing: Shared Capital Cooperative Learn more http://www.adamschittenden.com/ Yes – Converting Businesses to Cooperatives Just Got Easier (2019) Project Equity – For the Love of Glass Project Equity – Mo’s Story Fifty by Fifty: Berkeley, CA: Early Investor in Employee Ownership […]

Cooperative Fund of New England

Forbes – When Banks Say No, Where Do You Go? Ask Boston’s Democracy Brewing.

Posted on

From Forbes: Razsa has a bachelor’s degree in community studies and economic justice from the University of California, Santa Cruz. Before becoming an entrepreneur, Razsa was the director of campaigns for 350 Massachusetts for a Better Future, a community organization dedicated to fighting climate change. But Razsa also had five years of experience as a […]

Outskirts Vintage – Chicago, IL

Posted on

Industry: Clothing Location: Chicago, Illinois Number of employees: 3 Became employee owned: 2019 Financing: Shared Capital Cooperative Learn more outskirtschicago.com Shared Capital – Recent Borrowers   Employee Owned Small Businesses in Illinois Employee Owned Small Businesses Financed by Shared Capital Cooperative

Capital Impact Partners

Fifty by Fifty – Are Cooperatives Really So Difficult to Finance?

Posted on

From Fifty by Fifty: Since 2012, CFNE has financed 15 co-op conversions including providing nine loans for business acquisitions and twelve working capital lines of credit to recently converted businesses. Some of our borrowers include: A Yard & A Half Landscaping Co-op, a largely immigrant co-op serving residences throughout the greater Boston area; Island Employee […]

Capital Impact Partners

NPQ – Report: Business Sales to Worker Co-ops Can Preserve over 1,000 Jobs a Year

Posted on

From NPQ: Typically, when US businesses think of employee ownership, the form that ownership takes is an employee stock ownership plan (ESOP) company. The most up-to-date data (from 2015) finds that 10.8 million Americans work at an estimated 6,669 companies in which an ESOP owns all or part of the company. Because an ESOP is a federally regulated […]