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Polis creates commission to fulfill promise of economy that works for all, not just wealthy

From the Gazette: “A big part of that solution is participatory capitalism, allowing people to own part of the upside that they create through the value of their labor,” Polis said. “The companies I started had stock options for every employee. Another way to do that is ESOPs (employee stock ownership plan), like Save-A-Lot, which […]

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

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. […]

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Durango Herald – City of Durango to host informational session on employee-owned business models

From the Durango Herald: Join the City of Durango, Local First and the Southwest Colorado Small Business Development Center from noon to 1 p.m. Tuesday at the Durango Recreation Center to learn about employee ownership and how it could benefit your business. A panel of local businesses, including Alpine Bank, StoneAge Tools and Steamworks Brewing […]

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Colorado Says It Wants to Be the “Delaware” of Employee Ownership

From NPQ: Democratic Colorado Governor Jared Polis “is taking action on one of his top economic development priorities—promoting employee ownership of businesses and companies in the state,” reports Aldo Svaldi in the Denver Post. Polis, Svaldi notes, when he was in the US House of Representatives, was a member of the Cooperative Business Caucus.” Svaldi […]

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Colorado launches initiative to boost employee ownership of businesses

From the Denver Post Gov. Jared Polis is taking action on one of his top economic development priorities — promoting employee ownership of businesses and companies in the state. Polis, when in Congress, was on the Cooperative Business Caucus and has long supported shared-ownership models, which have a rich history in Colorado and are seeing […]

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Colorado co-ops seeing a revival in state with strong ties to “radical tradition”

From the Denver Post: “Colorado is the Delaware of cooperatives,” Schneider said, repeating a phrase popularized by co-op lawyers. “We have some of the best co-op laws in the country.” Delaware’s flexible corporate laws make it an attractive place for many companies to incorporate in. The business model is similar to typical corporations, with one […]

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Denver Business Journal – Colorado Legislature Passes Measure to Promote Employee-owned Businesses

From the Denver Business Journal (pdf): Colorado Legislature passes measure to promote employee-owned businesses Colorado is about to get into the business of teaching individuals how to pass along their businesses to their employees. The state Legislature has passed a bill that that requires the Colorado Office of Economic Development and International Trade to promote the […]

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Confluence – New & Next: The Strengths of Employee Ownership

Building off of these trends, the Rocky Mountain Employee Ownership Center (RMEOC), has collaborated with policymakers like James Coleman (D) and Jack Tate (R) to introduce HB17-1214, Encouraging Employee Ownership of Existing Business. The bill would create a revolving loan to assist businesses with conversion fees. It would also require that staff members of the Colorado Office of […]

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