VEOC Conversion Technical Assistance Grant Program
Ryan Thornton Ryan Thornton

VEOC Conversion Technical Assistance Grant Program

Thanks to the 2022 earmark from Senator Bernie Sanders, the VEOC is thrilled to announce the availability of $50,000 in technical assistance grant dollars for those interested in exploring employee ownership!

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With few Vermonters owning their homes, employee ownership presents an opportunity
Ryan Thornton Ryan Thornton

With few Vermonters owning their homes, employee ownership presents an opportunity

Historically, owning a home has been the primary avenue for Americans to have a stake within their local communities, while owning a business has been another powerful means of local ownership for a much smaller subset of the population. Today, however, we’re at an historic moment where broad-based employee ownership is gaining momentum across the nation.

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Sen. Sanders secures $158,000 for VEOC
Ryan Thornton Ryan Thornton

Sen. Sanders secures $158,000 for VEOC

The center will use the funds to reach more Vermont business owners and entrepreneurs, administer technical assistance grants to businesses considering or converting to employee ownership, and create legal resources to simplify employee ownership transactions for Vermont business owners, employee groups, and entrepreneurs.

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170-employee VHV Company goes ESOP!
Ryan Thornton Ryan Thornton

170-employee VHV Company goes ESOP!

After being a privately held company since its inception, VHV became a 100% employee-owned company in early 2017 with the establishment of an Employee Stock Ownership Plan, or ESOP. Now, the employee-owners contribute to the progress and plan for the company together at its Annual Employee-Owner Meeting.

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