Who We Are

The Vermont Employee Ownership Center is a statewide non-profit whose mission is to promote and foster employee ownership in order to broaden capital ownership, deepen employee participation, retain jobs, increase living standards for working families, and stabilize communities. We provide information and resources to owners interested in selling their business to their employees, employee groups interested in purchasing a business, and entrepreneurs who wish to start up a company with broadly shared ownership.

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Employee Ownership

Employee Ownership is a category of business structures that provide a path for full-time employees to become co-owners. To varying degrees, this includes:

  • Employee Stock Ownership Plans (ESOPs)
  • Worker Cooperatives
  • Employee Ownership Trusts
  • Equity Grants

ESOPs and Worker Cooperatives are the primary forms of Employee Ownership in the US, but each type offers unique benefits and challenges.

One thing, however, remains constant: Everyone thrives when businesses are employee-owned.

When we say everyone, we mean:

  • Company Founders
  • Employees
  • Business Performance
  • Local Communities
  • Vermont's Economy

Discover key benefits of Employee Ownership

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Recent Stories

Burlington, VT, October, 13, 2021 -- Cindy Turcot, CEO and President of Gardener’s Supply Company, has received the 2021 Terry Ehrich Award for Lifetime Achievement at the Vermont Businesses for Social Responsibility (VBSR) 20th Annual VBSR Awards Ceremony on Tuesday evening. Turcot received the award in recognition of her dedication to the company’s innovative management style and her commitment and furtherance of employee ownership.

With wealth inequality on a steady climb in the US, it will be little surprise to most that workers at employee-owned companies have suffered fewer of the negative economic impacts of the COVID-19 pandemic than the average American full-time employee.

You may, however, be shocked at just how dramatic the difference in outcomes has been.