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 adds that Polis has “long supported shared-ownership models.” Specifically, the Polis administration is putting together an Employee Ownership Center within the Colorado Office of Economic Development and International Trade, according to executive director Betsy Markey. The center, Markey says, will work with law firms and accountants to simplify the process and reduce costs associated with converting to an employee-owned model.

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