Blog

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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NCEOC 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%…

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Celebrating 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…

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North 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…

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October 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…

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History 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….

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North 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…

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North 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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