#CDFIFriday - Legacy Business to Worker Cooperative
Fri, Oct 30
|Virtual Conference
When owners of Mom & Pop businesses want to retire, new programs and policies can help them transfer their business to their employees.
Time & Location
Oct 30, 2020, 12:00 PM – 1:00 PM EDT
Virtual Conference
About the event
When owners of mom-and-pop shops want to retire, new programs and policies can help them transfer their businesses to their employees. Find out:
How worker co-ops can foster community investment and close the wealth gap;
What technical and financial assistance is available; and
How businesses can prepare for a transition to worker ownership.
The 2020 #CDFI Fridays series is sponsored by JP Morgan Chase, M&T Bank, Wells Fargo, Amalgamated Bank, BNB, Capital One, Citizens Bank, Community Preservation Corporation, Hanover Bank, Ponce Bank, TD Bank, Valley and Woodforest National Bank. Additional presentations are planned for October, November and December, starting with a panel discussion titled “How Community Land Trusts Preserve Affordable Housing” on Friday, October 16 at 12:00 noon.
“It is our great pleasure to convene these online meetings to support positive change in our communities and businesses throughout New York State,” said Linda MacFarlane, Chair of the NYS CDFI Coalition.…