Pettigrew is one of three city employees serving as fellows in the Shared Equity in Economic Development (SEED) Fellowship, developed by the National League of Cities and the Democracy at Work Institute […]
Read More >Monthly Archives: November 2018
Nonprofit helps employees take hold of reins as business owners retire
“I’ve been approaching retirement for a long time,” Adams said with a chuckle. “I couldn’t imagine being 80 and carrying on at the same level, but how else do you […]
Read More >Access to Capital: Borrowing Options for Worker Co-ops
Hear from a panel of cooperative lenders about the finance options you have access to as coops and as members. Guest Presenters include: The Working World, Kiva, The […]
Read More >Employee-Owned Businesses a Tool for Equitable Growth
ncome and wealth inequality, exploitative working conditions and displacement are critical issues faced by communities across the country. These challenges require strategies that create both stable employment and access to […]
Read More >This new fund will help retiring baby boomers turn their businesses into worker co-ops
In May, the Evergreen Cooperatives, a network of worker-owned businesses in Cleveland, took over operations of a laundry facility owned by the Cleveland Clinic. On the surface, it was a […]
Read More >New Cleveland Fund Will Acquire Businesses and Sell Them Back to Workers
Tameka Thomas had returned to society after a five-year prison sentence, and a month after her release, she landed a job with Evergreen Cooperatives in Cleveland with help from a re-entry transition […]
Read More >Worker Ownership Initiative Launched by Nonprofit Lender in Nation’s Capital
Last week, a nonprofit community development financial institution (CDFI), the Washington Area Community Investment Fund (WACIF), which has operated in the nation’s capital since 1987, launched its DC Employee Ownership Initiative to help existing worker-owned business […]
Read More >Coalition Launches Rural Employee Ownership Transition Initiative in Maine
Two months ago, NPQ profiled an initiative supported by US Department of Agriculture (USDA) grants to encourage retiring business owners to sell their businesses to their employees in Oregon, Washington. Now a […]
Read More >Worker Ownership Initiative Launched by Nonprofit Lender in Nation’s Capital
The initiative will also provide lending support not just to businesses that convert to employee ownership, but to businesses that launch as worker cooperatives. An example cited at the forum […]
Read More >Worker Cooperative Resolution Passes Unanimously in Cook County
The Cook County measure, in which the Cook County Board of Commissioners asserted its support for the development and growth of worker cooperatives, passed unanimously on October 17th. Getting legislation passed in […]
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