NCEOX Inclusivity Fund
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
Partners: National Center for Employee Ownership (NCEO), Panagora Group, and other key donors
Geographic Scope: National focus through NCEOX Initiative partnership
Focus Areas:
- Reaching women-owned businesses (WBEs)
- Reaching minority-owned businesses (MBEs)
- Inclusive employee ownership pathways
- Targeted outreach and strategic partnerships
- Peer connections and professional networks
Education & Outreach
- EO education campaigns tailored to women- and minority-owned businesses
- Targeted outreach to WBEs and MBEs
- Designated spaces for meaningful peer connections
Certification & Status Protection
- Certification pathways that protect WBE and MBE status post-transition
- Preservation of diversity certifications through EO transitions
Strategic Partnerships
- Collaboration with WBENC (Women's Business Enterprise National Council)
- NAWBO (National Association of Women Business Owners)
- WPO (Women Presidents' Organization)
- NMSDC (National Minority Supplier Development Council)
Professional Networks
- New peer networks for enrichment of professional communities
- Community building among women and minority employee-owners
- Peer connection opportunities for ESOP participants
Scholarships
- Scholarship opportunities for employee-owners from varying backgrounds
- Access to ESOP educational events
- Professional development for diverse employee-owners
Founder Vision: Betsy Bassan (Panagora Group, ESOP-owned)
Mission Statement: Employee ownership thrives when everyone has a seat at the entrepreneurial table
Strategic Importance: Signal that the EO movement is growing deeper, stronger, and more inclusive
Contact Information:
- Email: info@eoxnetwork.org
- Phone: (651) 319-1874
- Address: 1405 S Fern Street Box 534, Arlington, VA 22202
What Employee Ownership Expansion Network actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 16
- Total given
- $681K
- Median grant
- $37K
- Range
- $9,000–$137K
- By dollars: Michigan 20%, Virginia 10%, Illinois 9%. Top recipient cities: Arlington, VA; Mount Pleasant, MI; Oakbrook Terrace, IL.
- 0% of grants with a stated purpose were for general or operating support.
- 31% of recipients were new grantees, not repeat recipients.
Example grants
Michigan Center for Employee Ownership · Mount Pleasant, MI
Continuing support
$137K
Illinois Center for Employee Ownership · Oakbrook Terrace, IL
Continuing support
$61K
Tennessee Center for Employee Ownership · Nashville, TN
Continuing support
$59K
Texas Center for Employee Ownership · Houston, TX
Continuing support
$57K
North Carolina Center for Employee Ownership · Durham, NC
Continuing support
$45K
Focus Areas & Funding Uses
Fields of Work
- Women-owned businesses
- Minority businesses
- Nonprofits
Categories
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