Conversation

“Berkeley is among the first US cities to earmark funding specifically to help local businesses convert to democratic worker ownership,” says Sara Stephens, Staff Attorney at the Law Center. “Berkeley is also the first city to commit to enacting a procurement incentive for worker cooperatives and tailoring its revolving loan fund to explicitly target worker cooperatives and businesses converting to cooperative ownership.”

https://www.theselc.org/berkeley_sets_the_bar_for_municipal_support_of_worker_cooperatives