Seed Commons and Cooperation Richmond featured in Next City
01/28/2021
Posted in: In the media
Seed Commons and local peer Cooperation Richmond were featured by Oscar Perry Abello, writing for Next City:
Because of their unorthodox ownership structures and management practices, cooperatively owned businesses don’t fit neatly into most lenders’ and incubators’ boxes. But Cooperation Richmond is a member of Seed Commons, a nationwide network of loan funds and incubators that specialize in supporting and investing in cooperative businesses. Working as a group, they collectively share the burden of everything from fundraising to support their work to vetting possible investments. It’s a network built largely by and mostly for worker-owned cooperatives.
Read the article by Next City's Oscar Perry Abello, "Worker-Owned Cooperatives are Building Their Own Investment Network." (Oscar Perry Abello, Next City, January 28, 2021)