#introduction Part 8: traction
In 2020 we converted our #socialenterprise #construction company into an #employeeowned #coop, & #SeedCommons & its local affiliate #Baltimore Roundtable for #EconomicDemocracy (#BRED) invested $1.5MM & we started building our #IREP. Covid slowed us a bit, but this fall Seed/BRED approved another $1.1MM & we purchased our 9th rowhome. In 2023 we hope to get to 30. We are hiring. We are rebuilding neighborhoods. Workers & tenants own the wealth they are creating.

It looks like some fantastic work has been done over the last couple of years on cooperative ways to finance the founding and development of co-ops. This interview about the Seed Commons financing network was published a year ago in the first issue of Ownership Matters:

https://ownershipmatters.net/newsletter-item/fund-profile-seed-commons-founder-brendan-martin/

#cooperatives #CoOp #OwnershipMatters #SeedCommons

Fund Profile: Seed Commons Founder Brendan Martin [OM #1]

“Come for the local story, stay for the national infrastructure,” co-director Martin urges investors regarding this innovative diversified fund.

A Growing Culture on Twitter

“1/ It is said in Kenya — ‘No one can deny another a seed.’ Seed is a birthright. It is culture. It is life. But today corporations threaten these rights by fighting to criminalize indigenous seeds, and forcing farmers to adopt GMO & hybrid seeds. @Afsafrica”

Twitter