House passes bill to amend lending landscape for worker co-ops

Broader access to SBA loans makes the conversion of privately-held businesses to worker-owned cooperatives a more viable option.

The U.S. House of Representatives yesterday passed a bipartisan bill set to curb barriers facing America’s small businesses and increase access to financing for a new crop of employee-owned businesses and worker cooperatives.

Shift in labor market is opportunity for home care co-ops to scale

Home care cooperative worker-owner Rosa Tavarez with her client Floyd Betts. [photo: Dave Sanders/CHCA]

Representatives from federal agencies, cooperative development organizations and worker co-ops met last week to begin realigning priorities in an industry that still pays its workers what grocery store cashiers earn—except they’re caregivers responsible for human life.

Letter urges lawmakers to make Rural Development a “cornerstone” of upcoming Farm Bill; points to cooperative potential

The letter identifies ways federal policymakers can leverage the power of cooperatives to strengthen the economy in rural America.

NCBA CLUSA delivered a letter to lawmakers on Capitol Hill this afternoon that outlines opportunities to revitalize rural America by prioritizing access to capital, infrastructure and innovation when making policy decisions.

Federal budget preserves funding integral to cooperative development, foreign assistance

The $1.3 billion spending bill broadly rejects the Trump Administration’s call to downsize the federal government.

Congress last week sidestepped potentially devastating cuts to the federal programs at the core of domestic and international cooperative development—a bright ending to a budget season fraught with uncertainty.

Bipartisan bill that evens access to financing for employee-owned businesses will bolster co-op investment nationwide

Increased access to SBA loans makes the conversion of privately-held businesses to worker-owned cooperatives a more viable option.

A bipartisan bill designed to curb barriers facing America’s small businesses was unanimously passed by the U.S. House of Representatives Small Business Committee last week, creating increased access to financing for a new crop of employee-owned businesses.

TWITTER FEED

Fri May 25 22:14:01 +0000 2018

Great piece from fellow @usocdc member @LandOLakesID - why social capital #trust can help predict a co-ops strength… https://t.co/3LRmHgP2Te
Fri May 25 20:29:03 +0000 2018

New issue of the #Cooperative Business Journal is out! #Innovations for #Growth dives into stories from… https://t.co/smlIbE8M2g
Fri May 25 12:24:01 +0000 2018

We added another track at #CoopImpact for all the great content! Check out a preview of the agenda and join us in O… https://t.co/rsPgKLgmW8

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