US House Committee on Small Business Holds Hearing on Empowering Employee-Owned Businesses Through Access to Capital.
Immediate Past Chair, Gary Shorman testifies emphasizing SBA loan access, the need for ESOP public education and the impact of the DOLs lack of guidance.
The ESOP Association
ESOP Association Resources
Sep. 30
Month-Long Initiative Raising Resources for Foundation’s Critical Work Educating Private Business Owners with Succession Plans, Public Leaders, and other Stakeholders About Value of ESOPs
Sep. 29
The ESOP Association's Immediate Past Chair, and Chairman of Eagle Broadband, Gary Shorman, will testify at the House Committee on Small Business Hearing on "Empowering Employee Owned Businesses and Cooperatives Through Access to Capital." He will represent the interests of ESOPs and The ESOP Association at the hearing.
From the committee website:
From the committee website:
Sep. 09
Today, President Biden announced strict new mandates from the federal government requiring more than 100 million Americans to be vaccinated or tested weekly for COVID-19. These requirements will impact ESOP companies with more than 100 employees, health care ESOP companies including but not limited to hospitals, dialysis facilities, ambulatory surgical settings, and home health agencies, and ESOPs with government contracts.
Employers with more than 100 Employees
Employers with more than 100 Employees
Jun. 21
Today, Project Equity and The ESOP Association (TEA) announced a new partnership designed to amplify employee ownership as a way to preserve businesses, strengthen jobs and build a more resilient post-pandemic economy. This partnership will use new, nationwide state-by-state data to demonstrate for lawmakers the impact of ESOPs (Employee Stock Ownership Plans) and worker cooperatives, particularly in relation to the massive generational shift in business ownership facing the nation, known as the “Silver Tsunami.” Project Equity used its data analysis to create 50 state-specific infographics which will be released as part of The ESOP Association’s 47th National Conference in Washington, DC this week. TEA has scheduled more than 220 individual meetings with Members of Congress and their staff to share the data as well as other legislative and regulatory priorities for the employee ownership community.
Resource, Press Releases
Feb. 07
Washington, DC, February 7, 2019 – The ESOP Association (TEA) announced today that James J. Bonham will assume the role of President and Chief Executive Officer (CEO) on March 1. Founded in 1978, TEA is America’s largest national trade association focused on advancing employee ownership through the Employee Stock Ownership Plan (ESOP) model.
Bonham will also serve as President of the Employee Ownership Foundation, an affiliated non-profit with a mission to encourage, educate, and catalyse new research in support of employee ownership nationwide.