California

East Bay Express – Berkeley Pledges Support and Funding for Worker Co-ops

Posted on

From the East Bay Express: Last week, the Cheeseboard’s longtime home committed to a new strategy for fighting economic inequality and building the local economy: city support for worker cooperatives. The Berkeley City Council voted unanimously on Fe.26 to include co-ops in the city’s small-business revolving loan fund; give co-ops, along with women- and minority-owned […]

Democracy at Work Institute

National League of Cities – Employee-Owned Businesses a Tool for Equitable Growth

Posted on

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 […]

Democracy at Work Institute

NPQ – Historic Federal Law Gives Employee-Owned Businesses Access to SBA Loans

Posted on

Read full article at:  Nonprofit Quarterly As we noted in NPQ last fall, nearly half of US small business owners are baby boomers, aged 53 to 71. Collectively, they own 2.34 million businesses, employ 24.7 million people, and have combined sales of $5.14 trillion. It is estimated that 80 percent of these businesses lack a plan for what they are […]

U.S. Federation of Worker Cooperatives

The Nation – Worker Cooperatives Are More Productive Than Normal Companies

Posted on

From The Nation: By prioritizing worker autonomy, co-ops provide more sustainable long-term employment, but not only because worker-owners seek to protect their own livelihoods. If a company runs into economic distress, Perotin says, co-ops are generally more adept at preserving jobs while planning longer-term adjustments to the firm’s operations, such as slowing down expansion to […]

Polycot Associates – Austin, TX

Posted on

Industry: Tech Location: Austin. Texas Number of employees: 8 Became employee owned: 2017 Assistance: U.S. Federation of Worker Cooperatives Learn more Polycot – Converting to a Worker Cooperative (video) Polycot – Cooperative Ownership and Business Models in the Tech World   Employee Owned Small Businesses in Tech Employee Owned Small Businesses in Texas Employee Owned Small […]