As of June last year, there were 1,418 employee-owned businesses within the UK, a 37% increase from the previous year – a clear sign that this transition is a growing trend in the UK.
Valloop, a Manchester-based company that supports SMEs in becoming employee-owned, has partnered with GFT to design, build and support a digital platform that uses modern technologies, such as AI, to automate and accelerate the processes to inclusive ownership for businesses.
The Valloop Exchange is a single marketplace for businesses going through the transition, providing an easy-to-use model for employees and business owners to access tools and information about the process.
The employee-ownership model has proven to be a huge success in the UK by empowering employees to have more control of the company they work for.
Carlton Hopper, UK Managing Director, GFT, said: “As the adoption of employee-owned businesses continues to gather momentum, the Valloop Exchange will be transformational for the market.”
Click below to share this article