Vermont Employee Ownership Center (VEOC)

Based in Burlington, the Vermont Employee Ownership Center (VEOC) is a statewide nonprofit that promotes and fosters employee ownership as a way to broaden capital ownership, deepen employee participation, retain jobs, increase living standards for working families, and stabilize communities.  To do so, VEOC provides information and resources to owners interested in selling a business to employees, employee groups interested in purchasing a business, and entrepreneurs interested in starting a company with shared ownership.  VEOC also administers a loan fund, which provides up to $50,000 in loans to businesses that are, or are becoming, employee-owned. Since its establishment in 2001, VEOC has provided assistance to nearly 200 businesses.