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Breaking Barriers: Certifying Minority- And Women-Owned ESOPs

Forbes•Wednesday, October 29, 2025 at 9:00:00 AM
PositiveFinancial Markets
Breaking Barriers: Certifying Minority- And Women-Owned ESOPs
The National Center for Employee Ownership (NCEO) is taking a significant step by certifying minority and women-owned Employee Stock Ownership Plans (ESOPs). This initiative not only opens doors for these businesses to secure contracts from private companies but also sets the stage for potential government contracts in the future. By promoting employee ownership among diverse groups, this move aims to enhance economic equity and empower underrepresented communities, making it a crucial development in the landscape of business ownership.
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