“Opportunity Knocking: Impact capital as the transformative agent to take employee ownership to scale.” This Dec. 2020 report – the result of two years’ research funded by a Rutgers University fellowship – suggests a bold new approach for the decades-long stalled growth of employee ownership. Instead of an information approach – persuading exiting owners to consider employee ownership – authors Marjorie Kelly and Jessica Rose suggest what is needed is a capital approach: organized capital that can become “the knock upon the door,” like private equity is, simply asking owners if they wish to sell, and having the capital available to make it happen, then preparing the company and exiting to employee ownership. The report includes a look at dozen emerging funds taking this approach.
Read the full report at https://democracycollaborative.org/learn/publication/opportunity-knocking-impact-capital-transformative-agent-take-employee-ownership.
