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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

Red Emma's Bookstore Coffeehouse

ERP Grant: Working Capital to Achieve Break Even

A grant to accompany an equitable recovery loan (LID: 11002)

Baltimore, United States
June 15, 2023
US $62,500.00

Cross Atlantic Chocolate Collective

Revolving working capital LOC for large-scale chocolate production

Invoice factoring line of credit for large wholesale orders

Wyncote, United States
September 28, 2022
US $50,000.00

VOLAR -Village of Love and Resistance

VOLAR Rectory Construction Loan

A construction loan to allow a low-income CIT to renovate a multi-unit affordable housing cooperative

Baltimore, United States
February 13, 2024
US $500,000.00

Strangers in a Tangled Wilderness

LOC for book publishing

Revolving LOC for publishing books

Salem, United States
January 1, 2023
US $8,000.00

Earth-Bound Building, Forestry and Farm

Earthbound - Land Purchase

Secured investment loan for the purchase of 24 acres of land for their construction business.

Brandywine, United States
April 13, 2021
US $306,000.00
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