Cooperatives are familiar to many small town people from the farmer’s co-ops and the rural utility cooperatives. Really, any kind of business can be a cooperative. At the BALLE conference, we heard about worker-owned cooperatives and how they can help develop an area economically. This can work in small towns as well as big cities.
Evergreen Cooperatives is a network of for profit businesses, owned by the workers in Cleveland. They are finding strong markets by attaching businesses to anchor institutions, like Case Western University and area hospitals. They pay much better wages than competitors and offer benefits. Worker-owners buy in 50 cents at a time, over a three year period.
“I have a shot. I’m back in the game. I’m relevant again,” worker-owner Medrick Addison said. “Who would have thought that an ex-con from Cleveland would be quoted in Time Magazine and Newsweek?”
Addison said he is reminded every day that ownership is the key.
Businesses include commercial laundry and linens, solar energy generation, greenhouses and food production. All are market driven and for-profit. The difference is that the wealth that is generated stays in the community.
- Stop using “3 legged stool” to describe any idea - June 24, 2019
- What are your challenges? Add your voice here - June 17, 2019
- How to publicize your biking trails before they’re finished - June 10, 2019
- How $5 and a bowl of soup can rebuild your community - June 3, 2019
- Getting people to mix at an event - May 27, 2019
- Crowdsourced ideas for coffee shops and other third places - May 20, 2019
- Post signs with your tourism hashtag where visitors will see them - May 13, 2019
- Book review: Celebrity CEO by Ramon Ray - May 6, 2019
- How to develop an entrepreneurial culture and more small businesses in your town - April 29, 2019
- Where’s your town’s future mural? - April 22, 2019