Posts by Anne-Claire
Employee Ownership, The Best Kept Secret in Economic Development
As an entire generation of Baby Boomer business owners look towards retirement, a group of partners has launched a valuable new resource: the North Carolina Employee Ownership Center (NCEOC). The NCEOC provides education around Employee Stock Ownership Plans (ESOPs), worker cooperatives, and Employee Ownership Trusts (EOTs) as strong exit options that also preserve jobs and community impacts.…
Read MoreNCEOC Celebrates Two Years
During the month of May, we are celebrating two years of existence and reflecting on our past work. Below is a report outlining our accomplishments and looking to the future. Scroll down to learn about our accomplishments over the past two years. Excited about the movement? Consider donating to NCEOC. All donations receive a 50%…
Read MoreWhat is it like to be an employee-owned company?
Check out this story from Salem Fabricating Technologies Group on the importance of employee ownership in solidifying their legacy and improving company culture. Interested in learning more about employee ownership? Check out our Employee Ownership 101 page.
Read MoreCelebrating Black History Month
North Carolina has a rich history of Black-owned businesses. In celebration of Black History Month, NCEOC selected a few stories that tell the history of prominent Black business districts in four of the North Carolina’s major cities. NCEOC’s mission is to spread the word about employee ownership as an economic development tool to help retain…
Read MoreNorth Carolina Employee Ownership Center Hires First Executive Director
Guenevere Abernathy to Serve as First Executive Director of NCEOC Durham, NC – December 14, 2020 – The North Carolina Employee Ownership Center is delighted to announce that we have hired our first executive director, NC native Guenevere Abernathy, who will lead NCEOC in achieving our mission of protecting jobs, bolstering communities, and strengthening businesses…
Read MoreOctober Employee Ownership and Resilience Event
Employee Ownership and Resilience NCEOC hosted an event in October in celebration of employee ownership month. The goal was to raise awareness about NCEOC and spotlight employee-owned companies that showed resilience in the face of COVID. We are building a movement around employee ownership as an opportunity to create quality jobs, protect businesses, and provide benefits…
Read MoreUnder New Ownership EVS Converts to a Worker Owned Cooperative
May 16th, 2016 looked like any normal busy Monday at Electric Violin Shop. Our small staff worked in concert to address email inquiries and ship e-commerce orders taken over the weekend in between answering the usual barrage of customer phone calls. This group of employees has the day-to-day of running our small company, which does a global business,…
Read MoreHistory of NCEOC
The North Carolina Employee Ownership Center officially incorporated in May 2019. Its founding board is comprised of leaders who have spent the past several years promoting employee ownership in North Carolina. As far back as 2014, The National Center for Employee Ownership (NCEO) began promoting the development of state employee ownership centers throughout the country.…
Read MoreNorth Carolina Employee Ownership Center Partners with City of Durham on Legacy Business Preservation Program
Durham, NC – May 7, 2020 – The North Carolina Employee Ownership Center (NCEOC) is partnering with the City of Durham on a project to protect Durham-based minority-owned legacy businesses. The NCEOC provides education and assistance around Employee Stock Ownership Plans (ESOPs), worker cooperatives, and Employee Ownership Trusts (EOTs) as strong business exit options that…
Read MoreNorth Carolina Employee Ownership Center Launches
New Resource To Help Baby Boomer-Owned Businesses With Succession Planning Durham, NC – September 10, 2019 – As an entire generation of Baby Boomer business owners look towards retirement, a group of partners has launched a valuable new resource: the North Carolina Employee Ownership Center (NCEOC). The NCEOC provides education around Employee Stock Ownership Plans…
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