United States
The national (US) Employee Ownership Catalyst Fund supports businesses transitioning to employee ownership (EO) and needing capital to finance the transition and transaction. The fund also provides working capital.
Last update: October 05, 2023
Employee ownership is gaining traction as a business ownership model and as a succession plan for business owners planning an exit/retirement. Conventional small business financing requires a personal guarantee and is not available for most employee ownership transitions.
The EO Catalyst Fund seeks to fill that shortfall by providing debt financing for businesses transitioning to employee ownership and to provide working capital to companies both before and after transitioning.
The EO Catalyst Fund seeks to provide financing as part of Project Equity's goal to enable over 1000 employees to become employee owners during the next three years.
