Oxbow Design Build – Easthampton, MA

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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 […]

Downtown Sounds – Northampton, MA

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Industry: Music Location: Northampton, Massachusetts Number of employees: 8 Became employee owned: 2019 From the company Downtown Sounds Workers Co-op (video) (2019) Downtown Sounds – Invest In Our Community: Invest In Downtown Sounds Workers Co-op! Learn more WRSI – Meet The New Bosses Around Downtown Sounds (audio) (2019) Daily Hampshire Gazette – Changing its tune: Downtown Sounds […]

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 […]

ICA Group

Boston Globe – Mass. lawmakers revive effort to spur employee ownership

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From the Boston Globe: he news: The Massachusetts Office of Business Development last month hired two consultants, ICA Group and Working Wealth, to revive the Massachusetts Office for Employee Involvement and Ownership. ICA and Working Wealth will be paid $150,000 to travel the state and preach the gospel of employee ownership — at events and in meetings with potential candidates […]

Massachusetts

Changing its tune: Downtown Sounds to become worker-owned cooperative after retirement of founder Joe Blumenthal

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From the Daily Hampshire Gazette: Downtown Sounds, a city fixture for more than 40 years, is preparing to become a worker-owned cooperative, as the only owner the business has ever known, Joe Blumenthal, readies for retirement. “It’s really an institution in the community,” Blumenthal said this week. Blumenthal, 70, opened the store in 1976, with […]

Capital Impact Partners

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

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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 […]

Democracy Brewing – Boston, MA

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Industry: Food and Beverage Location: Boston, Massachusetts Number of employees: 30 Became employee owned: 2018 Financing: Local Enterprise Assistance Fund Learn more http://www.democracybrewing.com/ Forbes – When Banks Say No, Where Do You Go? Ask Boston’s Democracy Brewing (2019) Harvard Law – Democracy Brewing (video) (2019) Real Pickles  – Celebrating Co-op Month: Fermenting Workplace Democracy (2019) […]