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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

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 16, 2019
US $75,000.00

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

Obran Cooperative

Appalachian Field Services Acquisition Loan

A $30,000 loan to Staffing Cooperative to purchase a controlling share in Appalachian Field Services.

Seattle, United States
April 10, 2020
US $30,000.00

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

Thread Coffee Roasters

Thread Coffee Roasters - Sep 3, 2013

Working capital for coffee and labeling.

Baltimore, United States
September 3, 2013
US $10,000.00
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