Centering Equity: The Employee Ownership Expansion Network and the North Carolina Employee Ownership Center

Matt Helmer

Director of Job Quality and Worker Well-Being

Maxwell Johnson

Research Associate


Amid heightened public sentiment that inequality is a pressing issue and that businesses should treat workers better, employee ownership has gained attention as a tool for rebalancing the economy and ensuring that workers, particularly people of color and women, share in the nation’s prosperity.

The North Carolina Employee Ownership Center (NCEOC) takes an affirmative approach to incorporating equity into its mission to expand employee ownership. It also stands as an example of the importance of the Employee Ownership Expansion Network (EOX). Together, NCEOC and EOX demonstrate the vital role state centers play in linking diverse local actors, connecting local efforts with the national employee ownership movement, and ensuring responsiveness to a state’s unique social and economic conditions.

This profile of NCEOC and EOX provides an overview of ongoing efforts to build infrastructure supporting the adoption of employee ownership. Focus is given to the strength of the North Carolina approach in centering racial equity, which may provide guidance for employee ownership work in other states. Philanthropic investors and others interested in addressing the racial wealth gap may also gain insights about how employee ownership can advance their goals.

About the Economic Opportunities Program

The Aspen Institute Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy.

Join Our Mailing List

To receive occasional emails about our work — including new publications, commentary, events, fellowships, and more — join our mailing list.

Connect on Social Media

For news and updates every day, connect with us on the social media platform of your choice.

More from the Economic Opportunities Program

Blog Posts

UpSkill America & Guild Announce Third Cohort of Education and Career Mobility Fellowship

“We are delighted to welcome this new class of Fellows,” said UpSkill America Senior Director Haley Glover. “Supporting these leaders, who are joining a thriving community of alumni, to advance in their work and careers creating real value for their organizations and opportunities for their workforces is so rewarding. This is an incredibly impressive group.”

Blog Posts Of Interest

National Job Quality Practitioner Survey

We’re in the last month of our #JobQuality survey. If your org is improving #JobQuality, add your voice to this survey from The Aspen Institute Economic Opportunities Program by December 31st.

Blog Posts

Institutional Investment and Employee Ownership

Of Interest

Transcript — Backsliding on Child Protections: The Return of Child Labor in the US

The following transcript comes from our webinar, “Backsliding on Child Protections: The Return of Child Labor in the US,” hosted by the Economic Opportunities Program on November 19, 2025.

Blog Posts

Job Quality Newsletter – Low Quality, High Costs

In this edition of the Job Quality Newsletter, we unpack why manufacturing jobs are often seen as desirable yet don’t consistently deliver on that promise, highlight research that shows how efforts to strengthen businesses can also improve the quality of jobs they provide, and consider how government purchasing power can be used to set higher job standards across the sector.

Blog Posts
Close-up photo of hands typing on a laptop keyboard
Publications

Upskilling Playbook: AI, Skill Development, and the Workforce

Leaders must view AI adoption as a development opportunity to redefine how capability is built, focusing on outcomes and consciously reinvesting capacity freed by automation to ensure growth and resilience for both the business and its people.