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Catalyzing worker co-ops & the solidarity economy

Cooperative Conversions & Employee Buyouts

Article type
Repost
January 21, 2021
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For small business owners considering their next steps during the time of COVID-19, or pondering ways to preserve their business legacy as they approach retirement, cooperative conversions - selling a business to its employees - are an increasingly compelling option to retain jobs and keep small businesses in their communities. Baltimore’s nonprofit cooperative lender, The Baltimore Roundtable for Economic Democracy, will lead you through the steps of this process, and answer questions about whether an employee buyout might be right for your business.

 

We help worker coops in the greater Baltimore area get the capital they need to start and grow. Our non-extractive lending process helps prioritizes inclusion and equity, rather than locking communities out of the funding they need to start owning their economy.

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