Our mission at VEOC is to “promote and foster employee ownership” in Vermont. Sometimes, that means providing support and education so that a business can successfully make the transition to ownership by its employees. Other times, it means identifying resources or creating opportunities to help existing employee-owned companies respond to a challenge. And on occasion we have the chance to provide assistance to entrepreneurs ready to launch a new business with employee ownership built in from the start.
Employee Ownership
Employee Ownership is a category of business structures that provide a path for full-time employees to become co-owners. ESOPs and Worker Cooperatives are the primary forms of Employee Ownership in the US, but each type offers unique benefits and challenges.
One thing, however, remains constant: Everyone thrives when businesses are employee-owned:
- Company Founders
- Employees
- Business Performance
- Local Communities
- Vermont's Economy
Discover key benefits of Employee Ownership
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by Lizah Makombore
June 22, 2023
The Vermont Employee Ownership Center held its 21st annual conference in the Davis Center at the University of Vermont on June 1. It featured a keynote by Derek Peebles, Director of Public Policy & Advocacy for Inclusive Economy at the American Sustainable Business Network, and four rounds of workshops covering a range of topics and offering opportunities for professional development, networking, and collaboration.
