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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

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

PlantBliss

Working Capital Line of Credit for Production Runs

A working capital line of credit to facilitate wholesale production runs of vegan mayo & sauces

Baltimore, United States
August 28, 2024
US $15,000.00

Thread Coffee Roasters

Thread Consolidated Expansion Loan

Consolidation of existing loans to decrease administrative overhead, with a focus on one repayment type.

Baltimore, United States
January 1, 2020
US $98,564.63

Rising Housing

Blanket Mortgage for Baltimore City Acquisitions

A 20-property mortgage to allow Rising, LLC (a project of Watter Bottle, LLC and Appalachian Field Services) to acquire, renovate, and rent affordable housing in Baltimore, Maryland.

Baltimore, United States
January 24, 2024
US $5,000,000.00

Sankofa Video, Books, and Cafe

THRIVE ERP Loan: Working Capital to Facilitate Economic Recovery

An economic recovery loan for a 30-year-old Afro-centric bookstore in Washington, DC

Washington, United States
June 6, 2024
US $75,000.00
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