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Annual Reports


Stories of Resilience and Hope: Project Equity’s 2020 Annual Report

Project Equity’s 2020 Annual Report includes the incredible stories of resilience during the pandemic, made possible through your partnership and support.

These stories renewed our sense of hope that employee ownership can help us build a more equitable and resilient future:

  • The employee-owned solar installation company that harnessed the ingenuity of its employees to retain their jobs and become stronger than ever during the pandemic.
  • The Black-owned cooperative grocery that prioritized getting food to elders in the community, worker health and buying local, alongside profitability.
  • And the pair of pizza shops whose diverse employee-owners weathered the crisis by engaging the full team in creating solutions to COVID-related challenges.

Fueled by these stories of triumph—and support from our donors and funders—employee ownership is reaching new heights! Last year, in spite of the massive disruption of the pandemic, we nearly doubled our reach. We helped more workers and businesses than ever along the pathway to employee ownership; expanded to new regions; forged new partnerships; developed a new capital fund; and redoubled our efforts to create economic opportunity for Black and Brown workers through employee ownership.

Businesses owned by baby boomers

New updates!

Now including the impacts of COVID-19, our latest study across the United States indicates millions of businesses are at risk of closing and point to employee ownership as a solution.

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