August Events

We are bringing you two events this month. ‘Co-op 101’ and ‘A Brief Introduction to Cooperative Conversions and Employee Buyout’.

Have you ever wondered what a cooperative is, or what it would be like to start your own cooperative? Co-op 101 is the perfect workshop for you. Spend an hour learning about the in’s and out’s of worker-owned cooperative businesses. We will have a conversation about legal structures and capital, pro’s and con’s, and the differences between these flexible forms of doing business. You will leave wanting to put what you’ve learned to work!

Our Brief Introduction to Cooperative Conversions and Employee Buyout workshop is geared towards small business owners. In the time of COVID-19, small business owners might be pondering ways to preserve their business legacy as they approach retirement. You might be considering a career change, but want to leave your business to people who are competent and already invested in the welfare of the business.

Cooperative conversions – selling a business to its employees – are an increasingly compelling option to retain jobs and keep small businesses in their communities. We will lead you through the steps of this process, and answer questions about whether an employee buyout might be right for your business.

If either of these interest you, please register through this link https://linktr.ee/BREDbaltimore

Building Community Wealth at Impact Hub

This Wednesday, May 15th, Kate Khatib will be moderating an event called “Structures of Resilience”. This is the first event in a three part breakfast series on Building Community Wealth that Impact Hub Baltimore and SOCAP 365 are partnering together to host. The series will explore how impact investors, philanthropists, conscious corporations, entrepreneurs and community leaders can drive movements for economic opportunity and equity.

The focus of this first conversation is on investing in coops and worker owner models. Speakers will be Olivia Rebanal (Capital Impact Partners), Greg Brodsky (Start.coop), and Joseph Cureton (Core Staffing Cooperative). We will explore opportunities and barriers for investing in cooperative models, and will hear both the investor and business perspective.

Event begins at 7:30am at Impact Hub Baltimore (10 E. North Ave) and includes breakfast. You can find the series overview and the link to register below.

https://events.bizzabo.com/Building-Community-Wealth-1/home

https://www.facebook.com/events/467030847367618/

Series Overview: Impact Hub Baltimore and SOCAP 365 are partnering to create a three-part series on Building Community Wealth. The series will explore how impact investors, conscious corporations, philanthropists, entrepreneurs and community leaders can support movements for economic opportunity and equity. Start your day off with impact! Join us for engaging breakfast conversations where we’ll highlight the cross-sector leaders doing the work in Baltimore and the region followed by small group discussions. The series is designed to build bridges between transformative solutions and the capital resources they need to grow and scale.

Session One Date May 15 Time: 7:30-9:30 am Structures of Resilience DESCRIPTION New ownership models, such as cooperatives and employee stock ownership plans (ESOPs), are being developed as a means of reducing the racial wealth gap and providing entry points to employment. In order for these models to effectively scale, they need mission-aligned sources of capital. What additional elements might be added to the models to attract more businesses and finance, appeal to mission-driven entrepreneurs, and increase growth and impact? We’ll explore structures that have found investment and financing and what makes those structures unique. Join us for a conversation with cross-sector leaders pushing the edges of models for resilient and regenerative economies. Following the presentation we’ll have time for Q&A and small group discussions.

Agenda: 7:30-8:00 am Sign in and Breakfast 8:00-8:45 am Program 8:45-9:15 am Small Group Discussion 9:15 am Have a great rest of the day!