Stay in the loop - Introductions from new attendees, DC Co-op Month Activities, and Takeaways from Our August Meeting
DC Cooperative Stakeholders
Since emails can get buried within hours, we wanted to put this back in your inbox in case you weren't able to catch it the first time but wanted to stay in the loop.
Our Last Meeting
A significant amount of interest in crowdfunding as a means for generating startup funds or member equity for co-ops. Several groups are working on efforts to tackle this in the DC area. Scroll down to see details.
There is interest from some in the group on how to continue on with the smaller groups. DSLBD has heard that WebEx will have an option for breakout rooms coming in September as well (the company has promised it). Pending confirmation
A returning attendee noted that the co-op conversation in DC has grown and changed and evolved, as have the groups. But this has been a space for gathering momentum and building the ecosystem.
DSLBD is continuing it involved in the SEED fellowship with the Democracy of Work Institute and the National League of CIties. The project was focused on food and worker cooperatives. Much of the activity of the fellowship nationally was put on hold as government staff had to pivot to response to the emergency. But, the fellowship continue to have monthly meetings to learn more. Last month they heard about how Community Development Block Grant Dollars can be used to support coops. This month they heard from a former coop out west that will start 25 restaurants all worker owned and part of a central model with a $6M fundraise, as well as a local group that helps to do equity raise for worker coop conversions.
It was proposed to have the group plan an advocacy day to advance the co-op cause across the region.
We are asking anyone interested or involved in the policy or co-op space to suggest what they'd like to bring or contribute to an advocacy day in October for DC Co-op Month.
DC Area Youth Engagement
Matt Buzby, NCBA-CLUSA presented an initial opportunity to collaborate with DC-Area Youth in co-op activities during co-op month, particularly to a session at the upcoming NCBA-CLUSA Co-op Impact Conference in early October to hear and exchange ideas with international Youth co-ops already operating.
We are asking for participation from local co-op and Youth stakeholders to engage in this session, as well as the broader planning of opportunities for Youth-centric cooperative awareness, learning, and development starting with but reaching beyond DC Co-op Month.
Interested in joining either of the group threads above?
Sign Up to Present Your Project or Work at a Future Meeting
If you would like to suggest a topic of discussion, or present on your initiative at the next DC Stakeholder meeting please email: firstname.lastname@example.org
Elijah Moses and Gail Montplaisir
are working towards an ESOP email@example.com - Taurus Development Group, Taurus Renovation & Construction, Salina 1st LLC (www.salina1st.com)
I am looking for people with interest and expertise to create a strategy to develop more cooperatives in Ward 8.
Ward 8 Community Economic Development planning process www.ward8cedplan.com firstname.lastname@example.org
Hi all, my name is Michael, recently moved into ward 4 from MD. i attended a stakeholders group meeting in 2018 as a worker-owner of the maryland food co-op, circling back now that im a resident. looking for areas I can plug in to supporting co-op development and policy. email is email@example.com, happy to connect
Hi, this is Paul Hazen. I am Chair of the DC Limited Equity Housing Cooperative Task Force. Visit our website at dchousing.coop to learn more and to sign up to support limited equity housing coops in DC.
Chadwick B Charles
Chadwick B Charles, Public Realtions, Event Planning & Special Outreach Marketing Programs, firstname.lastname@example.org
Hi, I'm transitioning from international consulting on global public interest intellectual property (research, analysis, and customizing different ways of setting up innovations systems with different ownership and benefit-sharing models) to application domestically within the US. I am very interested in the intersection of racial and economic equity. I have prior specializations in affordable housing and community. Looking at tech for good now. email@example.com
I will start a crowd funding campaign through seed money for community garden programs. It's not live it starts in November. I will send a link next meeting.
Hi, I am Erline. I am a Crowd Funding Associate at NCBA CLUSA. My work has been mostly in international trade and I am here to learn more about local co-ops.
Hi, I am looking to join a housing coop in DC and looking for construction within 2 years. firstname.lastname@example.org
Vijay Yagnamoorthy Gnanaprasad
Three of us are working on a coffee shop and bookstore coop. we are looking to bring together a group of workers (10-12). so we are looking for people who'd be interested in being part as worker-owners in this effort. email@example.com
I’m interested in keeping feelers out for contacts at UMD and opportunities from the UMD & local community to support coops - via research, promoting public awareness and support, and other avenues of support
Diana Dakik UDC: Diana.Dakik@udc.edu Urban Food System Coops, Makers Coop, Economic Devpt and WFD
Guilded, LCA is a freelancer cooperative launched by the U.S. Federation of Worker Co-ops (USFWC)
It would relieve the administrative burden put on contractors, while providing them access to health, unemployment benefits and financial assistance.
The webinar is on cooperative entity formation and will cover the following topics:
1. Business entity options (LLC, LCA, S Corp, C Corp, etc.)
2. How to choose the right entity type for your co-op
3. The documents you need to formalize your co-op
4. Resources available to help you formalize your co-op and get a business license
DC Co-op Month Activities in October Cont'd
In discussion around co-op events in October, it was noted that Beloved Community Incubator may be looking at doing a coop day in October.
Coalition for Nonprofit Housing & Economic Development (CNHED)
Cooperative housing support organization. https://www.cnhed.org/
Cooperatives and Crowdfunding
The Department of Small & Local Business Development (DSLBD) is supporting a stakeholder series on Crowdfunding which DSLBD is kicking off this summer 2020 in partnership with Washington DC Economic Partnership (WDCEP).
Direct Crowdfunding Campaign Support for Co-op Stakeholders: This stakeholder group's website has fee-free built-in crowdfunding integration to support co-op campaigns in the area. It is running its first pilot series and has raised over $20,000 for its first campaign. The platform is seeking more partners to help build out the public platform.