North Coast SBDC getting ready for boom in employee owned businesses

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It’s important for all SBDCs to be able to identify businesses that could be candidates for employee ownership. Project Equity specializes in creating or transitioning employee-owned companies. 

• Business Owners: Learn more on September 23rd at Selling Your Business to Your Employees: A Deeper Dive
• Business to Business Professionals (lawyers, cpas, brokers, financial advisors, consultants): Learn more on September 24th at Help Your Clients Understand Employee Ownership Conversion

According to North Coast SBDC’s director Leila Roberts, 

“New York Senator Kirsten Gillibrand, with strong bipartisan support, buried a gift to our clients in last year’s defense authorization bill. The 2018 Main Street Employee Ownership Act instructs the Small Business Administration and all Small Business Development Centers to modernize their support for employee-owned businesses. If we are going to help our small business clients realize the potential of this new legislation, we and SBDCs across the nation need to get ready now.”