Democracy at Work Institute

ASBN – How Employee Ownership Can Reshape the Economic Outlook of South Atlanta’s Minority Neighborhoods

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From the Atlanta Small Business Network: When it comes to small businesses and entrepreneurship, Atlanta is where business owners go to thrive. However, the story is not as bright for all of the city’s citizens. While Atlanta boasts a booming economy for most, the city became the number one most unequal large city in the country on […]

Georgia

Atlanta Business Journal – Choate Construction moves towards 100% employee-ownership

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From the Atlanta Business Journal:  One of Atlanta’s top private companies ranked by companywide revenue will soon be 100 percent employee owned. Atlanta-based Choate Construction Co. reported it is transferring beneficial ownership via the newly created Choate Employee Stock Ownership Plan (ESOP) Trust. Company founder Millard Choate said the firm was “solicited continuously over the years by […]

California

Project Equity – Project Equity keeps Berkeley businesses rooted in the local economy

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In the first video (above), Jordan Klein, the City of Berkeley’s Economic Development Manager, describes the tremendous potential that employee ownership can offer cities and why Berkeley embraces it. In the second video (above), Jordan describes how Project Equity has helped advance the city’s goal to keep businesses rooted in the local economy. Get the […]

Cooperation Buffalo

Fifty by Fifty – SBDC Working Group Pilots Employee Ownership Training

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From Fifty by Fifty: The Main Street Employee Ownership Act, passed in August 2018, relies heavily on the nation’s network of Small Business Development Centers (SBDCs) to educate and support business owners in transitioning their companies to employee ownership. But for the most part, SBDC business advisors aren’t familiar with employee ownership. To begin to fill […]