Project Equity and Mission Driven Finance announced on Labor Day the launch of the Employee Ownership Catalyst Fund, an evergreen debt fund that will offer flexible financing to businesses preparing for—or executing—an employee ownership transition. The fund targets businesses across the U.S. with 25 to 100-plus employees, particularly those employing frontline, low-wage workers and workers of color.
“Shared ownership is a proven path toward a more equitable economy. We want to make sure that capital is not a barrier to transitions.” — Lauren Grattan
Thank you to Fifty by Fifty Employee Ownership News for highlighting this fund.
