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The Baltimore Roundtable for Economic Democracy (BRED) is a coalition of Maryland-based worker cooperatives, advocates, and technical assistance providers committed to building a robust cooperative ecosystem. BRED supports democratically-controlled economic institutions with loans and technical assistance. We prioritize coop development that directs educational and financial resources to historically marginalized communities—especially communities of color that have been excluded from the current economic system. We are part of an emerging national peer network of loan funds to aggregate non-exploitative financing to scale this work. We believe in the creation of democratically-controlled economic institutions, whether as start-ups or through converting existing businesses. We see it as a powerful model that addresses concrete community needs—like living wage jobs with dignity—with an expansive vision of a transformed and equitable economy. Self-managed workplaces create key sites for skill-sharing and grassroots leadership development. Viable cooperative businesses with values grounded in community provide meaningful examples of corporate responsibility and accountability. Community-owned economic institutions demonstrate that Maryland communities can thrive without courting elite developers or national corporations that siphon profit from the local economy. Website: http://www.baltimoreroundtable.org Twitter: @bred_baltimore Instragram: @bred_baltimore

Loans

Core Staffing

Core Staffing Working Capital

A working capital loan to bridge payroll gaps for a temporary staffing firm supporting returning citizens

Baltimore, United States
May 10, 2018
US $50,000.00

Taharka Brothers

Taharka Brothers R. House

A second retail location for Taharka Brothers Ice Cream

Baltimore, United States
December 9, 2019
US $15,000.00

Thread Coffee Roasters

Thread Expanded LOC

This is a refinancing of LOC #1003 to increase their drawable amount, improving purchasing power and increasing efficiency as the coop takes on bigger clients.

Baltimore, United States
February 5, 2020
US $25,000.00

Red Emma's Bookstore Coffeehouse

Red Emma's Bookstore Coffeehouse - Sep 3, 2013

Purchase of commercial roaster and label printer for Red Emma's new coffee house.

Baltimore, United States
September 3, 2013
US $12,000.00

Cooperative Community Development

Cooperative Community Development - Sep 2, 2021

Community Cooperative Market and Landscaping Service

Baltimore, United States
US $50,000.00
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