The ESOP Association

ESOP Association Resources

Sep. 26
Federal agencies have established policy to encourage government contracting with Minority Business Enterprises (MBEs), Women Business Enterprises (WBEs) and Disadvantaged Business Enterprises (DBEs).[1] Entities that are certified DBEs typically earn a significant amount of revenue that they may not otherwise earn because of DBE certification.  Yet, DBEs face succession planning issues just like non-DBEs.  That raises a question:  If a DBE becomes ESOP-owned, will it be able to retain DBE status and continue to receive the benefits that come from DBE certification?
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Sep. 24
This year, TEA has been securing vital advancements to our policy agenda thanks to the unprecedented efforts of our members. It's easy to see that when our members engage and advocate for the ESOP community, legislative results are not far behind. Here is an overview of the record-breaking engagement of TEA members and the Congressional actions that followed.  
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Sep. 19
Mutual membership benefits will be extended across bordersNew Canadian Employee Ownership Trusts to be featured in full program track at Employee Owned 2024 in Las Vegas this November
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Sep. 12
For the last three years, the Employee Ownership Foundation has been proud to convene global thought leaders at the Oxford Symposium on Employee Ownership in the United Kingdom.  In 2024, in a testament to the event’s growing importance in expanding employee ownership around the world, the Symposium saw a record number of attendees from 23 countries across five continents.  
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Sep. 10
As we head into September, ESOPs across America begin to gear up in earnest for October and Employee Ownership Month. It’s always heartening to see the energy and enthusiasm on display during EOM, as our community celebrates the unique and unifying spirit of employee ownership. This year, we certainly have a lot to celebrate.  
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Sep. 02
Washington, D.C. – “Today, with great pleasure, I am signing into law a landmark measure that may finally give the American worker solid protection in his pension plan.”  With these words on September 2, 1974, President Gerald R. Ford signed the Employee Retirement Income Security Act (ERISA) into law.
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Sep. 30
During a Congressional hearing held today by the U.S. House Small Business Committee, TEA Immediate Past Chair and Chairman of Eagle Communications, Gary Shorman, discussed the importance of Employee Ownership, the need for quick access to Small Business Administration loans, and the chilling effect of the Department of Labor’s lack of guidance on ESOP formation.

During Shorman’s testimony he asked Congress to:
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Sep. 30
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.
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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
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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:
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