Governor Scott proclaims October as Employee Ownership Month!

As Vermont's employee-owned companies celebrate Employee Ownership month in a diversity of ways, including the annual Employee Owners of Vermont fundraiser to benefit the Vermont Foodbank, we're pleased to announce that Governor Scott has again issued an official proclamation recognizing Employee Ownership Month and the vital contributions Vermont's employee owned companies make to the local economy:

 

With assistance from VEOC, Austin Design transitions to a worker-owned cooperative

The New England architecture firm has long taken a different approach to its design work. Now it has joined the movement for a different type of ownership.

Keeping cool in the summer with employee ownership and workplace democracy

More than scones have been heating up at Flat Iron Cooperative, a worker-owned coffeehouse in downtown Bellows Falls.

In mid-July, with daily highs in the 90s, the afternoon heat started to become severe for workers and guests inside the cafe. Flat Iron had been running an A/C unit and fans in its ground-floor space in the historic wedge-shaped building, but the cafe still wouldn't cool to comfortable temperatures.

With fewer Vermonters owning their homes, let’s get more owning their jobs

Worker-owned Kalchē Wine Co. to celebrate spring, wine with newest release at Festival of Dionysus

Kalchē Wine Co., a recently incorporated worker cooperative winery in Fletcher, VT, invites the public to come celebrate “spring, wine, merriment,” and its newest wine release, Touch of Noir, at Brick at Hotel Vermont on Sunday, April 24 from 1pm-4pm EDT. The Festival of Dionysus, as the event is called, will include wine, snacks, and flower crowns, and will also feature the participation of local businesses Wilder Wines, Poppy Café, Salt & Bubbles, and Hotel Vermont.;

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

This blog was originally published at OnondagaSBDC.org.

(March 16, 2022)

Sanders secures $158,000 for the VEOC

The Vermont Employee Ownership Center was awarded $158,000 for outreach, technical assistance grants, and legal resources development last week as part of the $1.5 trillion federal omnibus bill signed by President Joe Biden on Friday, March 11.

The VEOC is currently experiencing higher-than-average interest in employee ownership business conversions, in part due to economic shifts resulting from both the COVID-19 pandemic and the accelerating rate of retiring business owners, also known as the “Silver Tsunami.”

SSBCI funds: an opportunity for employee ownership in Vermont

In a recent article published in Fifty by Fifty, Matt Cropp explains how the VEOC is coordinating with state agencies to leverage $57 million in new State Small Business Credit Initiative dollars to accelerate employee ownership conversions.

Read the article.

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