Massachusetts Center for Employee Ownership

The Massachusetts Center for Employee Ownership (MassCEO) is the state's primary office charged with promoting employee ownership of businesses in Massachusetts.

MassCEO was established within the  Massachusetts Office of Business Development (MOBD) to provide information and resources on employee ownership, promote the benefits of employee involvement and ownership in businesses and expand and enhance employee ownership opportunities.

General Information

What is Employee Ownership? 

Employee ownership is a term for any arrangement in which a company’s employees own shares in the company’s stock. It can be used for business succession planning, to increase employee engagement and loyalty, to improve productivity and profitability, to reduce tax liability, and to provide for employee wealth building and retirement savings.

The most popular forms of employee ownership include Employee Stock Ownership Plan (ESOP) companies and Worker Cooperatives (Co-ops). 

Advisory Board on Employee Ownership

The Advisory Board on Employee Ownership consists of 19 members with experience and expertise in employee-owned businesses that will advise MassCEO on issues and policy matters pertaining to employee involvement and ownership in the Commonwealth.

Learn about the advisory board 

Contact

The Center for Employee Ownership is actively supporting businesses considering conversion to an employee ownership model. Please contact us for more information:

Kevin Kuros, Interim Director - Massachusetts Center for Employee Ownership

Online 
[e-mail]

Phone
[phone] 

Upcoming Events

Please join us to learn more about employee ownership at upcoming regional events.

Western MA Symposium on Employee Ownership (3/26/2025)  Central MA Symposium on Employee Ownership (4/29/2025) 

Past Events

Explore materials and recordings from past events on employee ownership.

Greater Boston Symposium on Employee Ownership (2/28/25)