John,

ASBC-SVC invite you to join us Wednesday, June 16, 1:00-2:30pm ET for Invest Strategically to Close the Wealth Gap: Converting Businesses into Employee Owned Enterprises with Ed Whitfield and Brendan Martin (Seed Commons), Christina Jennings (Shared Capital Cooperative), Todd Leverette (Apis & Heritage Legacy Fund I/DAWI), Jonathan Ward and David Hammer (ICA Group/ The Fund for Jobs Worth Owning), and Harold Pettigrew (Washington Area Community Investment Fund).

This session will provide a brief overview of proven, compelling reasons for investing in business conversions to employee ownership. Most importantly, the seminar will showcase presentations by fund managers who will explain how you can support and invest in this fast growing asset class at an appropriate level for your portfolio.

Study after study documents the powerful benefits achieved by employee owned enterprises for workers in terms of additional income and retirement savings as well as improved workplace conditions. Additionally, employee ownership can address issues leading to racial and gender wealth gaps. Employee owners of color have a 30% higher wage income than do non employee owners of color.

Communities are also direct beneficiaries of employee owner conversions because these initiatives help preserve local businesses, especially so, in the current pandemic environment when many sound small and medium sized businesses are threatened with bankruptcy.

In partnership with