🏡 Feeling Like an Owner
🏡 Feeling Like an Owner
EO+WD Weekend Newsletter, Vol. 59 or so
Welcome Back!
One Thing
Sorenson Impact Foundation has issued a request for proposals for $2M in grants on employee and community ownership.
What We’re Writing
Nothing! But Dr. Hand is (almost) all moved in to his first home ownership experiment.
Employee-Owned Company News
Metalworking Solutions of Chattanooga is now 100% employee-owned through an ESOP.
ESOP-owned International Cars, Ltd. of Massachussetts has purchased its eighth car dealership.
Harlingen, Texas-based, ESOP-owned Advanced Call Center Technologies is expanding its employee base in Norman, OK, where it is the city’s largest employer.
Bicycle Technologies International, an employee ownership trust, is helping a French company expand to the US.
Chipotle is messaging their stock split as a way to allow their employees to purchase more company stock 🤔
What We’ve Been Reading
Jon Shell celebrates the official establishment of employee ownership trusts in Canadian law.
The Washington Center for Employee Ownership is hiring its first Executive Director.
Buenas noticias, Spanish readers! Purpose LatAm published its first newsletter on alternative ownership in Latin America. Might a kindly reader share how to register? (H/t Jenny E.)
Lawyer Matthew Erskine compares employee ownership models in the Family Wealth Report.
Chelsea Robinson & Jay Standish explore how shared services and business-to-business (B2B) currencies are transforming collaborative economies in their third Shareable post in their series Assets in Common.
ImpactAlpha discusses New Majority Capital’s initiative to enhance ownership access for underrepresented entrepreneurs through a new buyout fund. The effort targets empowering women, LGBTQ individuals, and immigrants in business ownership transitions.
Anna Naveen explores the impact of employee ownership trusts on company culture and business sustainability.
“A new bill in the North Carolina Senate would allow ESOP companies to qualify for state contracting preferences,” writes NCEO’s Corey Rosen.
Mary Josephs writes about employee ownership’s big momentum in Forbes.
ICYMI
Rob Brown’s “How to Save Jobs and Build Back Better: Employee Ownership Transitions as a Key to an Equitable Economic Recovery” in the Maine Policy Review, 2021.
Marjorie Kelly and Sarah Stranahan’s “Mission-led employee-owned firms: The best of the best” in Fifty by Fifty, 2019.
What’s Next
June 24: The Catholic Impact Investing Collaborative hosts Transform Finance and the Employee Ownership Catalyst Fund for The Evolving Landscape of Employee Ownership Investing: A Conversation for Investors and Investment Advisors
June 25: Common Trust’s panel with the CEOs of three purpose trust-owned manufacturing companies: Optimax, ACP International, and ShopBot Tools.
June 25: The Global Alliance of Impact Lawyers’s webinar on Values-Driven Governance Models
June 25: Kaiser Permanente and Project Equity’s webinar, Succession Planning and WO: Future-proofing Your Small Business
June 26: Common Trust’s forum on business succession, highlighting purpose trust-owned, Utah-based Clegg Auto.
July 16, July 18, and August 14: The Texas/Oklahoma Chapter of the ESOP Association announces upcoming programming focused on employee ownership advocacy and education. Register here
July 18: Transform Finance’s Julie Menter presents on “the intersection of Alternative Ownership Enterprises and social transformation”
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 12: Can Co-ops help us survive climate change? Learn how cooperative business models contribute to sustainability efforts.
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
