Apply Now & Transition Your Company to Worker-Ownership
The Business Legacy Fund helps broaden business ownership in 2 different situations.
First, the Fund can help retiring business owners sell their company to their employees, saving jobs while gaining fair-market value for their company and securing their retirement.
Second, the Fund can enable business owners to expand ownership to their employees while continuing to work with their business.
Financing from the Fund is accompanied by technical assistance to ensure a successful transition.
Benefits to business owners include selling for fair-market value while gaining tax advantages. Community benefits include broadening ownership and creating long-term business stability.
Apply now be considered for the next program cohort.