Concerned Capital (CC) is a social benefit corporation dedicated to social impact investments.
CC is a nationally recognized pioneer in recycling and repurposing community based small manufacturing companies by transferring ownership to long term employees. The company is focused on saving and/or creating living wage jobs in low to moderate income communities.
CC uses a wide array of economic development tools – ranging from working capital loans, hiring tax credits as well as employee training to help small businesses grow. Our goal is always to promote community stabilization and resilience by encouraging local entrepreneurship and the local ownership of place based small businesses.
CC has demonstrated its ability to facilitate the transfer of ownership repeatedly over its history. Over 200 jobs have been saved and created using this methodology.
Five LA County examples are:
Concerned Capital’s clients are:
Business owners looking to exit their business.
Business owners interested in selling their business to their employees or parties they have already identified.
Employee groups, local governments, and community groups seeking to avoid business shutdowns and job loss in their communities.
October 2015 Don’t Start up a Company: Recycle One, Fashion Mannuscript Magazine, page 46
February 2015 Challenges of Selling a Manufacturing Company, Fashion Mannuscript Magazine, page 42