Establishes the Rhode Island center for employee ownership to help businesses transition to employee-owned models.
This bill establishes the Rhode Island center for employee ownership to facilitate businesses in transitioning to an employee-owned business model. The center will provide resources, technical assistance, and serve as a concierge service for both legacy business owners and worker owners. It will also create a network of technical support and service providers, and work with financial institutions and other entities to shape and implement guidance on lending to employee-owned businesses.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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