The Minnesota Center for Employee Ownership (MNCEO) today announced former North Branch Mayor Kirsten Kennedy has joined the organization as its new executive director to help further its mission to promote the use of employee ownership as a tool to retain jobs in communities, reduce income and wealth disparities, and create a more participatory economy for all residents across the state.

The Minnesota Center for Employee Ownership (MNCEO) has received a $15,00 grant from the Duluth Superior Area Community Foundation’s LaBounty Family Fund to continue its work to raise awareness of the benefits of business-owner succession planning and employee ownership in Northern Minnesota.

The Minnesota Center for Employee Ownership (MNCEO) has been awarded a $100,000 grant from the McKnight Foundation to expand the capacity building in marginalized communities and greater Minnesota.

The Minnesota Center for Employee Ownership (MNCEO) has been awarded a $30,000 grant from the Otto Bremer Trust (OBT), one of the nation’s largest philanthropic organizations.

The Minnesota Center for Employee Ownership (MNCEO) a non-profit organization dedicated to providing unbiased resources and education around the benefits of employee ownership as a succession planning tool, has been awarded a $50,000 grant from the McKnight Foundation.

Today, the Minnesota Center for Employee Ownership (MNCEO) released new data that reveals twin crises from the Silver Tsunami coupled with COVID-19 for businesses across Minnesota. Developed by Project Equity, the study shows that approximately 50% of all job-creating businesses in Minnesota (53,000) are owned by baby boomers.

As an entire generation of Baby Boomer business owners look towards retirement, a valuable new organization has launched; the Minnesota Center for Employee Ownership (MNCEO).