Blog

We Are Proud to Support America’s SBDC and the 7th Annual #SBDCDay on March 15th

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 employee ownership centers…

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Cohort 1 of our NC Employee Ownership Ambassador Program is in the books!

This past week, we wrapped up the inaugural cohort of our NC Employee Ownership Ambassador Program. Our five participants (pictured above at our hybrid meeting last week) represented economic development, wealth management, business owners, higher education, and Small Business Centers (SBCs). They learned how employee ownership can protect jobs, increase community wealth, and create a…

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NCEOC Hiring an Executive Director!

Job Description: North Carolina Employee Ownership Center Executive Director Overview The North Carolina Employee Ownership Center (NCEOC) is on a mission to protect jobs, increase community wealth, and create a more vibrant, inclusive economy through employee ownership. We do this through telling stories, forging partnerships, and providing unbiased information to business owners and their advisors…

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NCEOC’s Employee Ownership Month Celebration is in the books!

Thank you to everyone who joined us for Celebrate & Learn: Employee Ownership in NC! And thank you to our sponsors, The ICA Group and The Industrial Commons, for making this event possible. It was great to bring together partners, friends, and supporters of employee ownership from across North Carolina to celebrate this state’s newest…

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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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