Fifty by Fifty – New Employee Ownership Mandate for Small Business Development Centers

From Fifty by Fifty:

Fifty by Fifty recently spoke to Andrew Delmonte, a business advisor and the social enterprise coordinator for the Small Business Development Center (SBDC) at Buffalo State College, part of the State University of New York. Delmonte has had a longstanding interest in employee ownership and cooperatives, which he brought with him to his position at the SBDC. He is the go-to advisor for entrepreneurs and business owners who have a social mission, want to become a B Corp, or want to pursue employee ownership. Delmonte is excited about the MSEOA and has already been part of a team preparing New York’s network of SBDC business advisors to take on this new task. He has also been sharing his learnings with a working group on employee ownership that is part of The Democracy Collaborative’s Higher Education Anchor Mission Initiative. That group is beginning to catalyze pilot projects training advisors at university-based SBDCs about employee ownership, so they can advise business owners about the topic.

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