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 a resurgence. His administration is putting together an Employee Ownership Center within the Colorado Office of Economic Development and International Trade, executive director Betsy Markey announced Thursday. The center is working with law firms and accountants to simplify the process and reduce costs associated with converting to an employee-owned model, she said. The center hopes to become the go-to place where owners and workers can turn to and tap state resources.

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