The Missouri Center for Employee Ownership Partners with MOSourceLink to Improve Employee Ownership Ecosystem in Missouri
Kansas City, MO – January 24, 2023
The Missouri Center for Employee Ownership (MOCEO), which provides resources and education to encourage other Missouri business owners to consider employee ownership, has partnered with MOSourceLink on a seven month long project to improve the employee ownership ecosystem in Missouri.
The work of MOSourceLink will help MOCEO in meeting its goals to assess small business owners to identify risk in the region and develop online learning software with on-demand training, followed by workshops on exit-planning and employee ownership. The project, implemented in three phases, will map existing resources in the employee ownership space by categorizing if a business would work as an ESOP (employee stock ownership plan) transaction or worker cooperative transaction, identify gaps in the ecosystem, and provide an assessment of where the best and most effective contributions in the employee-ownership space might develop.
MOSourceLink, a program of the UMKC Innovation Center, is known to connect entrepreneurs and small business owners with a network of nonprofit resource organizations that provide business-building services. Their ability to link these resource organizations to one another will be vital to the success of employee ownership in Missouri. [Insert quote here?]
For more information on employee ownership in Missouri, please visit, www.moceo.org
MOSourceLink, a program of the UMKC Innovation Center, connects small businesses and
entrepreneurs with a network of nonprofit resource organizations that provide business-building services. MOSourceLink facilitates the linking of these resource organizations to one another and to established, emerging and start-up small businesses throughout the region. Learn more at www.mosourcelink.com.
About Missouri Center for Employee Ownership (MOCEO)
The Missouri Center for Employee Ownership (MOCEO) serves as the central hub for information and resources around employee ownership in Missouri and eastern Kansas. Its mission is to educate business owners and their advisors (lawyers, bankers, accountants, wealth advisors) on the benefits of employee ownership via Employee Stock Ownership Plans (ESOPs), worker cooperatives, and Employee Ownership Trusts (EOTs). MOCEO provides resources, case studies and articles, and a list of service providers who can assist with employee ownership transitions. Learn more at www.moceo.org.