Hosts Joel Skene of The Mindful Marketplace Show and Jen Risley of AMIBA are joined by David Kenney of the Employee Ownership Catalyst Fund at Project Equity. David shares how his background leading VirtueLab β a Pacific Northwest nonprofit that uses philanthropic capital to fund early-stage climate tech β now informs his work providing debt financing for employee ownership transitions.Β
RSVP for the next Community Capital Live on August 13th.
Chapters:
- 00:00 Introduction to Community Capital Live
- 04:19 Understanding Project Equity and Employee Ownership
- 10:23 The Importance of Ownership in Wealth Inequality
- 11:22 Exploring the Employee Ownership Catalyst Fund
- 20:45 Challenges and Opportunities in Employee Ownership
- 29:35 Risk Appetite and Financial Models in Employee Ownership
- 38:27 Models of Employee Ownership: ESOPs, Co-ops, and Trusts
- 54:59 The Conversion Process and Ongoing Support