Mayor, Council, and City Manger,
Wanted to make sure you were aware of this…
-Kirk
Workers, Owners, Policy Makers:
What: Pilot program on how to rapidly convert businesses to Worker Cooperatives
When: Tues, April 6, 2021 - 11am-1pm
Details: coop.missioncollege.edu
Mission College is piloting a new workshop, with information on options for current small-medium businesses whose owners are looking to exit their business, by either selling or closing it. Becoming a worker-owned business, like a Worker Cooperative, can build a succession plan for the current owner, provide a fair sale price, and create an ownership opportunity for their workers!
Besides simply being aware of this option of converting to a Worker Cooperative, there can be large barriers to transitioning: time and cost. Typically, a conversion to a co-op takes 12-18 months and can cost $20-30K, or more. This workshop series called “Co-op Rapid Conversion Academy - From Owner to Owners” is focused on converting privately held businesses to Worker Cooperatives in a way that attempts to address these two challenges, while creating a program that will scale with demand.
The April 6th initial intro class called “Co-ops, Conversions, Ownership - COOP101” is designed to inform owners, employees, and government agencies on what this process looks like, examples of a transition, and how many cities are currently supporting this model.
See you then!
-Kirk, Grant and John
NOTE: This is a pilot and Proof of Concept program. It is not a funded class or a complete series. Participation requires time, interest, and dedication.
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A Slice of New York, a worker cooperative
A New York Experience in the Bay Area
3443 Stevens Creek Blvd. (San Jose/Santa Clara)
1253 W El Camino Real (Sunnyvale)
SJ: (408) 24-SLICE / SV: (650) 938-NYNY
www.asony.com
www.911memorial.org
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