Solidfund: Strengthening international worker co-operation

Raising capital has long been a challenge for worker co-ops, who often lack the backing of external investors or the grant funding available to community-run ventures. One organisation is working to change that by pooling co-operators’ resources and distributing them democratically: Solidfund.

 As a co-op itself, Solidfund operates on solidarity principles, including open membership and collective decision-making, with members deciding together how resources are used.

“Solidfund doesn’t give ‘grants’, lend money secured on peoples’ houses or take a charge on their assets. We just distribute it where members think it will have the most impact,” it says.

Read the rest at Co-op News