ARPA Funds to Support Employee Ownership: Tuscon, AZ
Tucson, Arizona used American Rescue Plan funds for a study on small business retention risks and offered technical assistance to assess feasibility and implement employee ownership transitions.
Subsidizing employee ownership feasibility studies with federal funds: San Diego, California
A practice of using federal funds to subsidize costs for retiring business owners to sell to employees, focusing on equity by targeting industries with a majority Black and Latinx workforce.
Technical assistance, funding and grant opportunities for employee ownership: New York, New York
A municipal initiative for education and technical assistance around employee ownership and conversion. Business owners can access $10,000 of technical assistance services, utilize the Owners2Owners hotline and have targeted financing and grant opportunities for worker cooperatives.
Employee ownership revolving loan fund: Miami, Florida
A loan fund policy to support converting businesses to employee-owned structures, emphasizing worker cooperatives in community development.
Colorado Tax Incentives and Office of Employee Ownership
A statewide Office of Employee Ownership to increase the number of employee-owned companies in the state by administering a statewide tax credit (HB-21-1311) for employee-owned companies. It provides grants for feasibility studies and technical assistance to help owners sell to their employees and educates businesses.