Succession Planning: You built your business. What will your legacy be?
The Business Legacy Fund is accepting applications from business owners to transition their companies to worker-ownership
Co-op Cincy launched the Business Legacy Fund (BLF) to help expand business ownership in 2 different situations.
First, the Fund can help retiring business owners sell their company to their employees, saving jobs while gaining fair-market value for their company and securing their retirement.
Second, the Fund can enable business owners to expand ownership to their employees while continuing to work with their business.
Financing from the Fund is accompanied by technical assistance to ensure a successful transition.
Applications for our next Business Legacy Fund Cohort are open. Apply by November 15.
Visit our Business Legacy Fund website to learn more:
If you want to schedule a free consultation about transitioning, or if you have questions, you can contact Ellen Vera, our Director of Development & Co-op Organizing, at ellen@coopcincy.org or (513) 549-3381.