🇺🇸 Employee Ownership In the (White) House
EO+WD Weekend Newsletter, Vol.63
We are certain that skipping our newsletter last week ruined many of your weekends; for that we deeply apologize. Such is the power of variable rewards. But we’ve been busy!
What We’ve Been Writing
Tiffany collects some starter resources on employee ownership for newcomers
Dr. Hand reports on his visit to the White House for the convening on worker ownership
A question for our readers
Do any of you know more about Portland’s Made in Old Town project? It looks like they might have a purpose trust.
News
Matthew Licina announces a new $1.5 million annual tax credit program for Colorado businesses in their first seven years of employee ownership
Jay Standish & Charity May encourage entrepreneurs, investors, NGOs, philanthropies, and local governments to collaborate in fostering steward-owned businesses in their eighth post in their series Assets in Common
Rifenburg Holdings, Inc. is now 100% employee-owned
Men’s Journal highlights the collaboration between two employee owned companies, Room & Board and Fireclay Tile
Adria Scharf announces the Rutgers Institute collaboration with the New Jersey Economic Development Authority to increase the implementation of ESOPS through targeted educational outreach and support programs in the state
Corey Rosen sheds light on North Carolina’s groundbreaking legislation that makes ESOPs eligible for historically disadvantaged contracting preferences
The Aspen Institute Economic Opportunities Program published its latest job quality roundup, and is seeking partners for its new Workforce Leadership Academy. Also, EOP’s Fellow Saket Soni was awarded 2024 John P. McNulty Prize
Research & Analysis
Economic Times (of India) explains how employee ownership structures can transcend borders
FieldFisher (in the UK) reflects on a decade of EOT legislation and its impact on employees
Oxfam America encourages investors to embrace more inclusive capitalism to address poverty and wealth inequality
Elle Griffin explores the potential of employee ownership & highlights its benefits for businesses
Yahoo Finance analyzes the impact of private equity on the economy as boomer business owners exit
Mondaq discusses the benefits and structures of employee ownership models
in Africa
Axios explores the latest trends in ESG and the implications for business transactions
The Globe and Mail discusses key considerations for UK entrepreneurs looking to transition out of their business
Forbes Business Council shares four strategies for improving employee engagement
The Wall Street Journal analyzes the latest developments and challenges in tax policies affecting small businesses
The National Law Review explores ESOPs as alternative exit strategies for founders
Events
August 14: The Texas/Oklahoma Chapter of the ESOP Association announces upcoming programming focused on employee ownership advocacy and education. Register here
July 24: The Aspen Institute’s Economic Opportunities Program hosts the Talent Pipeline Management Network for a conversation on worker voice
August 6-9: The Employee Ownership Foundation’s second annual Oxford Symposium
August 8, 15, 22, & 29: MNCEO hosts the Employee Ownership Ambassador Program for people who want a deep understanding of employee ownership. Register here
August 12: Can Co-ops help us survive climate change? Learn how cooperative business models contribute to sustainability efforts. Register here
August 30: Dr. Hand will be presenting at the second annual Rutgers-Oxford Research Symposium
September 4: Aspen EOP and Workshop’s webinar, Seizing the Moment on Worker Rights: A Toolkit for Organizers and Practitioners
New - September 10-12: The Great Game of Business Conference 2024 for individuals and companies looking to embrace employees. Register here
September 12: NCEO hosts a Community Conversation celebrating Employee Ownership Month. Register here
September 18-20: NCEO hosts its Fall Forum in Indianapolis, including a day on employee ownership trusts
New - October 21-22: NCEO hosts Is An ESOP Right For You? in Phoenix, AZ
February 20, 2025: Attend “The Employee Ownership Transition: A Deep Dive” a workshop for insights on the process of selling to an employee ownership trust (in Scotland)
ICYMI
The final report from the first iteration of the Ownership Project at Oxford Saïd Business School, which was aimed at promoting sustainable ownership practices
Project Equity announces Hillary Abell’s appointment at the U.S. Department of Labor to lead initiatives on employee ownership
Project Equity lists 10 reasons you should consider selling to your employees
ImpactAlpha discusses how pairing employee ownership with quality jobs in private equity can unlock shared wealth
Nikkei Asia covers Teamshares, a US startup that is expanding into Japan to address their succession crisis
