California Employee Ownership Program Not Funded

In 2022, the California Employee Ownership Act established the California Employee Ownership Hub within the California Office of Small Business. However, California is facing a budget deficit, and no funds were set aside for the program, throwing the future of the program into serious question.

Farewell from the NCEO's Director of Culture and Engagement

Friends and fellow members of the employee ownership community, I have an important and personal update for you: Today is my final day working for the National Center for Employee Ownership after more than ten years with this wonderful organization.

NCEO Founder Discusses ESOPs in Podcast

On June 29, Paul Speigelman of the Small Giants Community, an organization of companies that “choose to be great instead of big,” did a podcast with NCEO founder Corey Rosen on employee ownership.

Announcing “The Download,” a Monthly ESOP Communication Resource

ESOP companies are often on the lookout for good communication and education resources to support their efforts around employee onboarding and training, specifically ESOP literacy, ownership culture, and countless other issues. This is why we are thrilled to announce a new member benefit launching this month—The Download.

Touchdown for Employee Ownership

One month ago, 1,650 employee-owners and 50 considering employee ownership for their business all descended on Kansas City, Missouri, for the 41st NCEO Annual Conference. We welcomed 880+ first-time attendees to the event. We also saw 130 members join us online.

Employee Equity Investment Act Introduced in Both Houses with Bipartisan Support

Senators Chris Van Hollen and Marco Rubio and Representatives Dean Phillips and Blake Moore, have introduced the Employee Equity Investment Act (EEIA). The bill would use the Small Business Administration’s Small Business Investment Company program to provide loan guarantees for investment funds that are devoted to expanding employee ownership.

Texas House Passes Employee Ownership Bill

The Texas House of Representatives has passed HB 2389, “An Act relating to companies in which employees have ownership interests through employee stock ownership plans.” It will now head to the Senate, where, as SB 1233,

Announcing the NCEOX Collaboration

If you were not in Kansas City last week for the 2023 Employee Ownership Conference, I want to share an announcement I made: