Island Employee Cooperative

• Island Ad-vantages – IEC resets after approved bankruptcy exit (2022)
• Island Ad-vantages – IEC celebrates five years of employee ownership (2019)

From the company

• https://www.iecoop.org/

2022

• Island Ad-vantages – IEC resets after approved bankruptcy exit (2022)

2021

• Island Ad-vantages – Island Employee Cooperative files for bankruptcy protection, stores will continue to operate as usual (2021)
• Ellsworth American – Island Employee Cooperative looks to restructure debt (2021)

2019

• Island Ad-vantages – IEC celebrates five years of employee ownership (2019)

2018

• WABI – Worker-Owned Business Thriving in Stonington (2018)

2017

• Co-opLaw.org – Legal Case Study: Island Employee Cooperative (2017)
• Project Equity – Island Employee Cooperative (2017)

2016

• Yes – As Boomers Retire, Mom-and-Pop Businesses Convert to Co-ops to Save Jobs (2016)

2015

• Federal Reserve Bank of Boston – Retail Co-op: Maine Islanders Band Together to Preserve a Way of Life (2015)
• National Development Council – Creative Financing: Island Employee Cooperative (2015)
• Island Institute – Going coop employee ownership sustains business legacy (2015)
• Central Maine – Augusta conference tracks conversion of business to worker-owned cooperative (2015)

2014

• CDI – Island Community in Maine Creates Worker-Owned Cooperative to Retain Local Businesses and Jobs (2014)
• CEI – Collaborative Financing for Small Business Ownership (2014)
• Pacific Standard – Buying Out Your Boss: Worker Cooperatives Are The Future Of Small Business (2014)
• Yes –  Workers in Maine Buy Out Their Jobs, Set an Example for the Nation (2014)
• Nationswell – When These Maine Businesses Went Up for Sale, Their Employees Said ‘We’ll Buy’ (2014)
• Democracy Collaborative – Small Island, Big Cooperative (2014)
• Bangor Daily News – Stonington employees buy 3 stores, creating largest worker co-op in Maine (2014)