Go to SeedCommons >
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

Metta Integrative Wellness Center

Coop Conversion Metta Integrative Wellness

Conversion of existing massage and holistic health center into a cooperative

Baltimore, United States
July 15, 2021
US $47,000.00

Red Emma's Bookstore Coffeehouse

Red Emma's New Space Expansion Loan

A multi-part investment to help Maryland's largest worker cooperative expand into a new, larger location

Baltimore, United States
May 17, 2018
US $177,093.00

Red Emma's Bookstore Coffeehouse

Red Emma's Additional Working Capital loan

Working capital to support an established cooperative during their ramp up period in a new location

Baltimore, United States
January 17, 2019
US $75,000.00

Earth-Bound Building, Forestry and Farm

Earthbound - Raw Materials LOC

Line of credit for purchase of raw materials for construction jobs.

Baltimore, United States
October 19, 2021
US $50,000.00

Red Emma's Bookstore Coffeehouse

Renovation loan for new Red Emma's building

A secured investment loan for building renovations

Baltimore, United States
October 18, 2021
US $1,100,000.00
Loading...