Welcoming Vermont’s Newest, and Largest, Worker Co-op: The New School of Montpelier!
After more than a year of conversations with staff, meetings with experts, and negotiations with financial institutions, we're excited to announce the completion of the conversion of the New School of Montpelier into a worker co-op! Financed via a combination of employee investments, the Vermont Economic Development Authority, the Cooperative Fund of New England, and our own revolving loan fund, the New School of Montpelier is now the largest worker cooperative in Vermont. To learn more about the case, check out this excellent profile in VTDigger, and we always welcome inquiries from business owners interested in following a similar path by selling their business to the employees! To get in touch, email info@veoc.org.