From Crain’s Cleveland:
An ambitious new initiative from Evergreen Cooperatives, a network of worker-owned businesses in Cleveland, is getting national attention.
Last week, Evergreen announced it has launched the Fund for Employee Ownership, which will acquire businesses and convert them to employee ownership. It aims to buy companies from retiring owners at fair market value to ensure that jobs remain in the community and to give employees the opportunity to share in their company’s success.
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