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

Common Ground Bakery Cafe

Common Ground Working Capital

This loan will provide the newly converted cooperative working capital as they start up

Baltimore, United States
September 12, 2023
US $40,000.00

Cross Atlantic Chocolate Collective

Start up loan for multinational chocolate cooperative

International multi country cooperative staffing for one management position

Wyncote, United States
June 30, 2022
US $41,668.00

Metta Integrative Wellness Center

Coop Conversion Metta Integrative Wellness

Conversion of existing massage and holistic health center into a cooperative

Baltimore, United States
July 14, 2021
US $47,000.00

Red Emma's Bookstore Coffeehouse

ERP Loan: Working Capital to Achieve Break Even

Working capital to assist the cooperative as they fully recover from the COVID-19 pandemic

Baltimore, United States
June 15, 2023
US $250,000.00

EnviroCollab

Conversion Buy Out Loan

A conversion loan to allow a small environmental design firm to become fully worker-owned

Baltimore, United States
June 10, 2024
US $150,000.00
Loading...