![Rutgers and NJEDA Partner to Promote Employee Ownership](https://images.squarespace-cdn.com/content/v1/645af01849d9c64259fa82a7/1721996240379-SUB0EA41E5RZWU7XJCY2/tech-daily-ztYmIQecyH4-unsplash.jpg)
Rutgers and NJEDA Partner to Promote Employee Ownership
The State of New Jersey and Rutgers, The State University of New Jersey, have embarked on a significant initiative aimed at promoting Employee Stock Ownership Plans (ESOPs) through a comprehensive public education and outreach program. This strategic collaboration was formalized on July 17 when the New Jersey Economic Development Authority (NJEDA) signed a Memorandum of Understanding (MOU) with the Rutgers University School of Management and Labor Relations (SMLR).