DC Employee Ownership Initiative

• What is employee ownership?

  Employee ownership refers to an umbrella of business structures where the employees have a profit-sharing stake in the business. There are two main forms of employee ownership: worker-owned cooperatives and employee stock ownership programs (ESOPs). Click here to learn more about the types and benefits of employee ownership.

   

• Is it a good fit for my business?

  Employee ownership works best for businesses that: have ten or more employees, are profitable, and have been in business for at least 5 years. Complete the form below to connect with our team to learn more about the whether employee ownership is a good fit for your DC-based business. Check out this blog to learn more about how one local business is evaluating employee ownership for its employees.

• DC Employee Ownership Initiative

  Wacif, in partnership with Citi Community Development, launched the DC Employee Ownership Initiative to preserve legacy businesses, create new pathways to entrepreneurship, and strengthen the local employee ownership ecosystem. Watch this video to learn more about the initiative, its partners, and how to access support for your business.