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Local Coffee Shop Employees Take Ownership With Evergreen’s Impact Investment

(Cleveland, Oct. 27, 2020) Nationally recognized Evergreen Cooperatives, building on more than a decade of impact investing to build wealth in local communities, has once more made a strategic investment that will allow a company—this time a Northeast Ohio coffeehouse chain—to transition to employee ownership.  The Fund for Employee Ownership (TFEO), an Evergreen initiative, has […]

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Evergreen Cooperatives Becomes a member of Certified Employee-Owned

Evergreen Cooperatives, a network of employee-owned cooperatives in Cleveland, OH, announced that it has become a member of Certified Employee-Owned (Certified EO), the leading certification program for employee-owned companies in America. Evergreen Cooperatives and its family of worker-owned cooperatives is thrilled to partner with Certified EO,” said John McMicken, Chief Executive Officer of Evergreen Cooperatives. […]

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Fund for Employee Ownership Helps Local Insulation Company Become Employee Owned

Cleveland nonprofit helps local insulation company become employee-owned By: Peter Krouse | Cleveland.com | February 20, 2020 CLEVELAND, Ohio – A Cleveland nonprofit dedicated to preserving jobs and revitalizing neighborhoods added to its portfolio of employee-owned businesses this week with the purchase of an energy-audit and insulation services company. Evergreen Cooperatives is financing the transition […]

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Social Impact Investing featuring Evergreen Cooperatives CEO John McMicken | Cleveland Foundation Video

“It’s Really Reassuring That It’s Going to Help That Initiative Sustain Over Time and Last A Lot Longer” By: Cleveland Foundation | News &?Blog | May 6, 2019 CLEVELAND, OHIO —?The Cleveland Foundation has been developing and?deploying its social impact investing program for?nearly 40 years. Their?long-term social impact investment?objective is to achieve a meaningful impact […]

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One Of America’s Poorest Cities Has A Radical Plan To Remake Itself | HuffPost

“We’re creating pathways into the economy for people who’ve been shut out,” says Cleveland’s Evergreen Cooperative. By: Jordan Heller | HuffPost | November 27, 2018 We are in the Evergreen Cooperative Laundry, located in Cleveland’s Collinwood neighborhood on the east side of the city, a community that has long suffered from disinvestment. Despite her felony […]

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This New Fund Will Help Retiring Baby Boomers Turn Their Businesses Into Worker Co-Ops | Fast Company

With its new fund, the Cleveland-based Evergreen Cooperatives have a bold goal: to make it easy to transition a business to worker-ownership. By: Eillie Anzilotti | Fast Company | November 13, 2018 In May, the?Evergreen Cooperatives, a network of?worker-owned businesses?in Cleveland, took over operations of a laundry facility owned by the Cleveland Clinic. On the […]

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Evergreen Cooperatives Launch The Fund for Employee Ownership | ECC

New Initiative Will Preserve Quality Jobs by Acquiring Businesses and Making Employees Into Owners By: The Evergreen Cooperative Corporation?| News & Blog | November 13, 2018 CLEVELAND, OHIO —?The Evergreen Cooperative Corporation (ECC) today announced the launch of The Fund for Employee Ownership. This investment fund will actively deploy mission-driven capital to strategically acquire businesses […]

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Cleveland Clinic-owned Facility in Collinwood Now Operated by Evergreen | Cleveland Clinic Video

New Video Further Illustrates Positive Impact of the Collaboration between Evergreen Cooperative Laundry and Cleveland Clinic By: Cleveland Clinic | News &?Blog | October 3, 2018 CLEVELAND, OHIO — Evergreen Cooperative Laundry (ECL) announced a major expansion on May 10, 2018 in collaboration with Ohio’s second largest employer, taking over management of the Cleveland Clinic’s […]

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Evergreen Cooperative Laundry Expands to Second Plant, More than Tripling Its Workforce | Democracy Collaborative

Cleveland Clinic-owned Facility in Collinwood Now Operated by Evergreen By: Democracy Collaborative | News & Blog | May 10, 2018 CLEVELAND, OHIO — Evergreen Cooperative Laundry (ECL) announced a major expansion today in collaboration with Ohio’s second largest employer, taking over management of the Cleveland Clinic’s laundry facility in Cleveland’s Collinwood neighborhood. This additional location […]

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