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Exit Planning Tools
- Day Zero Guide
- Aha Planner
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- The Grid

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

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👋 Meet Zolid AI

Here to support your company's exit journey — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.

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Definition of Main Street EO Act on The Grid Glossary

Main Street EO Act

Also known as: MSEOA

Published on 2024-08-06 | Last edited on 2024-09-08

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Definition

the Main Street Employee Ownership Act, which Congress enacted in section 862 of Public Law 115-232, requires SBA to make structural changes in SBA lending programs to ease the challenges faced by employee-owned businesses in accessing financing. This legislation also requires SBA to use Small Business Development Centers (SBDCs) to establish an employee-owned business promotion program to provide assistance on structure, business succession, and planning

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