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.
Fifty by Fifty Employee Ownership News: Employee Ownership Catalyst Fund Preserves Local Businesses and Jobs
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