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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

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

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

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

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
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