The Democracy Collaborative has entered into a partnership with the Cleveland Foundation to help develop the economic development component of the foundation's multi-pronged initiative focused on the city's Greater University Circle neighborhoods. The initiative seeks to focus the economic practices of local anchors (such as universities, hospitals and cultural institutions) to support community wealth building strategies.
Our work with the Cleveland Foundation and Cleveland's anchor institutions to build an inclusive green economy continues, as outlined in this case study by Living Cities.
The Evergreen Cooperative Development Fund has been launched in Cleveland. The nonprofit revolving loan fund will be used to catalyze a robust network of worker-owned cooperatives in the city's Greater University Circle Neighborhoods.
Bob Eckhardt, Senior Vice President for Programs and Evaluation of the Cleveland Foundation, discusses the Foundation's support of the worker-owned cooperatives.