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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 Branded Gear LOC

A revolving line of credit to allow Red Emma's to purchase branded gear for sale in the store

Baltimore, United States
December 22, 2019
US $4,000.00

Appalachian Field Services

Buyout of existing ownership from holding cooperative

This loan will buyout Obran Cooperative's ownership stake in AFS

Hagerstown, United States
July 1, 2022
US $36,000.00

Taharka Brothers

Taharka Brothers Freezer Truck Purchase

Loan to purchase freezer delivery truck for ice cream

Baltimore, United States
February 23, 2023
US $110,000.00

Sankofa Video, Books, and Cafe

THRIVE ERP Grant: Working Capital to Facilitate Economic Recovery

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

Washington, United States
June 6, 2024
US $18,750.00

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
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