Evergreen Cooperatives

About the fund

The Fund for Employee Ownership (TFEO) uses pooled impact capital to acquire high-potential businesses from retiring or exiting owners in Northeast Ohio and transitions them to employee ownership, anchoring jobs and economic opportunity in disinvested communities. TFEO’s innovative Acquire-Convert-Support model not only preserves and grows local employment but provides employees with meaningful stakes in their companies and access to profit sharing. By integrating new cooperatives into the Evergreen business network, the fund delivers business development, technical training, and ongoing capital, ensuring sustainable conversion and enterprise performance. Investors benefit from both measurable social outcomes and financial returns tied to portfolio growth and community stabilization. The fund is recognized nationally as a leading model for scaling employee ownership to drive inclusive economic development.