Minn. Senate Labor Committee hears testimony on worker-owned cooperatives, conversion hurdles and public support
Practitioners and worker-owners told the Senate Labor Committee that worker-owned cooperatives help retain local ownership, build worker wealth and stabilize communities, but cited the need for funding for feasibility studies, technical assistance and succession planning.
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The Minnesota Senate Labor Committee held an informational hearing on worker-owned cooperatives, where cooperative advocates and worker-owners described conversions from traditional firms to employee-owned models and urged targeted state support to scale the approach.
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