News

New Research Details Effects of ‘Silver Tsunami’ on Local Economies and What To Do About It

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From Whatcom Talk: Project Equity, a nationwide nonprofit dedicated to advancing community economic resiliency, released a report today examining the small business landscape in Washington, and the potential transfer or closure of many of these businesses as baby boomer owners retire over the next 15 years. This data, gathered in partnership with and commissioned by […]

Democracy at Work Institute

Commonwealth Hudson Valley – Cooperative Strategies 3: Support Conversions

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From: Commonwealth Hudson Valley: In Philadelphia, city officials have teamed up with the Philadelphia Area Cooperative Alliance (PACA) to support coop conversionsalong West Philly’s 52nd Street corridor. The area has one of the densest concentrations of black-owned businesses in the city, and many of the owners are at or beyond retirement age, with no prospects of […]

Colorado

KOAA – Gov. Polis signs executive order to establish commission on employee ownership

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From KOAA News 5: Governor Jared Polis was in Colorado Springs Wednesday to sign an executive order that establishes a commission on employee ownership. The commission will provide support and resources for businesses that want to become employee-owned. “When employees succeed, the business succeeds, and when the business succeeds, the employees succeed,” said Governor Polis. […]

ICA Group

Fast Company – 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 […]