{"id":49899,"date":"2019-07-09T07:00:32","date_gmt":"2019-07-09T11:00:32","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=49899"},"modified":"2019-07-08T20:32:10","modified_gmt":"2019-07-09T00:32:10","slug":"state-allocation-revives-the-massachusetts-center-for-employee-ownership","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/state-allocation-revives-the-massachusetts-center-for-employee-ownership\/","title":{"rendered":"State Allocation Revives the Massachusetts Center for Employee Ownership"},"content":{"rendered":"<p>CAMBRIDGE, Mass., July 9, 2019 (SEND2PRESS NEWSWIRE) &#8212; Following a meeting with state officials at the Massachusetts Office of Business Development (MOBD), the Massachusetts Center for Employee Ownership (MassCEO) is pleased to announce it has secured $50,000 in state funding for its annual operating budget.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.send2press.com\/wire\/images\/19-0709-massceo-696x522.jpg\" alt=\"MassCEO\" width=\"696\" height=\"522\" class=\"alignnone size-full wp-image-49843\" srcset=\"https:\/\/www.send2press.com\/wire\/images\/19-0709-massceo-696x522.jpg 696w, https:\/\/www.send2press.com\/wire\/images\/19-0709-massceo-696x522-300x225.jpg 300w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><br \/>\nThis budget, earmarked for a range of educational, outreach, and research initiatives, enables MassCEO (<a href=\"https:\/\/www.massceo.com\/\" rel=\"nofollow\">MassCEO.com<\/a>) to support employee-owned Massachusetts businesses and advocate employee ownership to businesses in the succession planning process.<\/p>\n<p>Coupled with its <a href=\"https:\/\/www.bostonglobe.com\/business\/2019\/04\/02\/mass-lawmakers-revive-effort-spur-employee-ownership\/c2j95QZssyPyeYYyN5hfAI\/story.html\" rel=\"nofollow\">initial $150,000 contract with MOBD in March<\/a>, MassCEO\u2019s new funding effectively revives Massachusetts\u2019 longstanding commitment to employee ownership, which between 1989 and 2008 supported MassCEO\u2019s predecessor organization.<\/p>\n<p>According to MassCEO President Adam Vartikar, \u201cThe new allocation represents a huge vote of confidence in the promise of employee-owned business, and in the success of our office to date. A year from now, I have no doubt this investment will have realized tenfold in wealth generated by employee-owners across the Commonwealth.\u201d<\/p>\n<p>Having secured critical funding through the next budget year, MassCEO now turns its full focus to the expansion of employee ownership across Massachusetts, a mission which Director of Operations and Business Development Chris Wingard believes will transform the lives of workers and their families for the better. \u201cWe\u2019re excited to show businesses how employee ownership translates to greater wealth and wellbeing for every employee,\u201d he said.<\/p>\n<h3><strong>About MassCEO:<\/strong><\/h3>\n<p>Created by an act of the Massachusetts Legislature in 2017, the Massachusetts Center for Employee Ownership advocates employee ownership through education and outreach to business owners across the Commonwealth. Whether by assisting current employee-owners or sharing advice and expertise with businesses considering a conversion to employee ownership, MassCEO exists to point businesses down a path of equitable growth.<\/p>\n<p>Learn more at: <a href=\"https:\/\/www.massceo.com\/\" rel=\"nofollow\">https:\/\/www.massceo.com\/<\/a>.<\/p>\n<p>Twitter: @mass_ceo #employeestockownership #employeeownership #MassachusettsBusiness #MassCEO @MassGov<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAMBRIDGE, Mass., July 9, 2019 (SEND2PRESS NEWSWIRE) &#8212; Following a meeting with state officials at the Massachusetts Office of Business Development (MOBD), the Massachusetts Center for Employee Ownership (MassCEO) is pleased to announce it has secured $50,000 in state funding for its annual operating budget.<\/p>\n","protected":false},"author":7658,"featured_media":49843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,1,80,48,161,559],"tags":[11559,11558],"class_list":["post-49899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-development-news","category-business-news","category-employment-news","category-government-news","category-massachusetts-news","category-products-news","tag-employee-owned-business","tag-massachusetts-office-of-business-development","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":5783,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/49899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/7658"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=49899"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/49899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/49843"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=49899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=49899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=49899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}