Cooperative Fund
Cooperative Fund invests in and supports worked-owned and democratically run businesses in low income communities.
Economic, social, and racial justice through cooperative business.
The Cooperative Fund of New England was born over forty years ago to invest in and guide democratically-run businesses (worked-owned cooperatives) across the North East. What are worker co-ops? Put simply, they're companies equally and jointly owned by every employee where most decisions are made by democratic vote. Co-ops tend to be radically community-oriented given that they're run by locals, for the local community - there's simply no disconnect between the owners (investors) and the workers.
Since inception the Co-op Fund has built over 5,000 affordable homes and supported local co-ops to create 10,000 new jobs for predominantly low income people in the North East.
Objectives
Invest in a better model for sustainable business.
Support worked-owned businesses to scale up.
Build affordable housing for New Englanders.
Impact score
A dollar can do good in a million different ways. Here's what investing in the Co-op Fund does:
Economic Opportunity
80%
Housing
50%
Social Justice
80%