Blog

NCEOC & UNC Charlotte’s Urban Institute Conduct Research on Employee Ownership as a Mechanism for Reducing the Racial Wealth Gap

The North Carolina Employee Ownership Center (NCEOC) and UNC Charlotte’s Urban Institute, with support from The Gambrell Foundation, conducted research on employee ownership as a mechanism for reducing the racial wealth gap in Mecklenburg County. The Executive summary says that the research found employee ownership “can concurrently address a number of the factors contributing to…

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The Small Business Closure Crisis in Forsyth County

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North Carolina Employee Ownership Center Hires Triad Program Manager

Luke Hoffman hired as NCEOC’s Triad Program Manager Winston-Salem, NC–March 25, 2022 – The North Carolina Employee Ownership Center is excited to announce that we have hired Luke Hoffman as our Triad Program Manager. He will lead efforts in the Triad in achieving our mission of protecting jobs, bolstering communities, and strengthening businesses through employee…

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In celebration of SBDC Day, centers for Employee Ownership across the nation reflect on partnerships with Small Business Development Centers

(March 16, 2022) Successful Employee Ownership conversions require expert guidance in areas such as business law, planning, finance, and management. SBDCs across the country are repositories of such guidance and resources, whether someone is pursuing employee ownership or a traditional ownership plan. As more aging business owners retire during the ongoing “Silver Tsunami,” SBDCs and…

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Celebrating Women’s History Month

The entrepreneurial spirit of women is strong throughout North Carolina! In celebration of Women’s History Month, NCEOC selected a few women-led and employee owned business to lift up. Learn more about these and other women-led business to support during March and all year long. Co-op network grows community-based businesses Everyday Details   Sow True Seeds Good…

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EMPLOYEE OWNERSHIP AS A TOOL FOR REDUCING THE RACIAL WEALTH GAP

Dr. Mark DeHaven, Dean W. Colvard Distinguished Professor at the College of Health and Human Services, said employee-owned companies can be sustainable engines of wealth generation — if business owners embrace the idea.  “We’re trying to look at it in more of an innovative way,” he said.  “How do we begin to close this wealth…

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NCEOC Celebrates 2021 Accomplishments

The North Carolina Employee Ownership Center (NCEOC) is a statewide educational nonprofit that is dedicated to protecting jobs, increasing community wealth, and creating a more vibrant, inclusive economy. As we draw another challenging year to a close, NCEOC has much to celebrate. We have built new partnerships across North Carolina, attracted new and existing funders,…

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NCEOC Receives Grant

The North Carolina Employee Ownership Center Receives Grant From The Winston-Salem Foundation to Raise Awareness of Employee Ownership Benefits Employee Ownership Offers a Valuable Business Succession Tool While Generating Wealth for Employees and their Communities DURHAM, NC, October 4, 2021 – The North Carolina Employee Ownership Center (NCEOC), a non-profit organization dedicated to providing resources and education…

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Celebrate! October is Employee Ownership Month

We are celebrating North Carolina’s 160 plus employee owned companies. Here we highlight the companies that have supported NCEOC’s work over the last year. Click on each image to learn more about each company’s employee ownership story. NCEOC’s mission is to spread the word about employee owned businesses to help retain jobs and build resiliency…

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New Data Finds Aging Baby Boomers Own Half of Small Businesses in North Carolina

Press Release: RALEIGH, N.C. (PRWEB) AUGUST 09, 2021 Today, the North Carolina Employee Ownership Center (NCEOC) released new data that reveals the impact of the Silver Tsunami, coupled with COVID-19, on small businesses across North Carolina. Developed by Project Equity, the study shows that baby boomers own half of the privately held businesses with employees in…

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