Cross-Sectoral
Overview \
Support Organizations \ Models
& Best Practices
Research Resources \ Articles-Publications
MODELS & BEST PRACTICES
Appalachian
Center for Economic Networks (Athens, OH)
www.acenetworks.org
This organization, founded in 1985, has followed a local development strategy that includes owning and operating a community kitchen business incubator to support local food production and marketing, a community technology center subsidiary that acts as a business incubator and provides local business with high speed data services, and a community development loan and near equity venture fund. The group has also been a leading advocate of state support for community wealth-building efforts.
Baltimore
Neighborhood Collaborative (Baltimore, MD)
www.bncbaltimore.org
Founded in 1996 and housed at the Association of Baltimore
Area Grantmakers, the Collaborative brings together local
and national funders, public sector agencies, business and
civic organizations and takes a cross-sectoral “regional
equity” approach to building community wealth. Priority
areas include support of housing rehabilitation and homeownership
counseling, transit oriented development, and asset building
programs.
Center for Community Based Enterprise (Detroit, MI)
www.c2be.org
Founded in 2007 and inspired by the examples of the Mondragón
Cooperative Corporation (centered in the Basque Country in
Spain) and the Quebec Solidarity Fund, this group aims to
develop and launch strategies to create and support community
based enterprises in Detroit and elsewhere by developing anchored
forms of wealth-creating capital that are committed to operating
in a specific community through its ownership structure, business
model, or by-laws.
Center on Wisconsin
Strategy (Madison, WI)
www.cows.org
The Center on Wisconsin Strategy (COWS) is a research and
policy center dedicated to improving economic performance
and living standards in the state of Wisconsin and nationally.
Based at the University of Wisconsin-Madison with an office
in Milwaukee, COWS promotes “high-road” strategies
that support living wages, environmental sustainability, and
innovative local polices that support community wealth building
objectives.
Chicago Manufacturing Renaissance Council (Chicago, IL)
www.chicagomanufacturing.org
Founded in July 2005, CMRC works to bring together regional
labor, business, government, education and community leaders
to develop “high road” economic development based
on the developing of a high-value added manufacturing economy.
The group's work has included the development of a public
high school, Austin Polytech, which specializes in training
its largely African-American student body that will enable
students to graduate with industry-recognized credentials
that are in demand by area manufacturers.
Coalition for
a Livable Future (Portland, OR)
www.clfuture.org
Through research, policy advocacy, and public education, the Coalition
for a Livable Future (CLF) works to create and preserve affordable
housing; ensure clean water; protect open space, wildlife habitat
and farmland; create living wage jobs; provide real transportation
choices; and end hunger. CLF work emphasizes a cross-sectoral approach
that stresses the interconnections between these issues.
E2M (Easthampton,
MA)
www.e2m.org
Founded in 2000 in Western Massachusetts, E2M (“Economy 2000”)
aims to forge a community supporting economic model in which participating
businesses agree to: 1) share a percentage of profits (at least
5%) with their employees and 2) contribute a percentage of profits
(again, at least 5%) to the community, half of which would go to
charitable causes with the remainder helping provide start-up capital
for more community-oriented businesses. The group kicked off this
effort with the sale of E2M coffee, but, over time, hopes to add
a wide variety of product lines.
Good Work (Durham,
NC)
www.goodwork.org
Since 1991, Good Work has trained over 3,000 people in economic literacy, entrepreneurship, and leadership skills, helping create or strengthen over 850 small businesses and social enterprises in North Carolina. Through business creation, Good Work helps generate jobs and contribute to the community's economic development.
Mountain Association
for Community Economic Development
(Barea, KY)
www.maced.org
MACED works with people in Kentucky and Central Appalachia to create economic opportunity, strengthen democracy and support the sustainable use of natural resources. Since 1976, it has worked to achieve these ends through the creation of employment and ownership opportunities for low-income people by financing small business development, supporting community capacity building, and promoting the sustainable use of natural resources. MACED has built a loan fund with over $8 million in assets (both loans and equity investments) under management that finances business start-ups and expansions to create jobs. In the past 30-plus years MACED has lent and leveraged over $50 million, directly creating over 4,200 jobs.
Neighborhood Development Center (St. Paul, MN)
www.ndc-mn.org
The Neighborhood Development Center (NDC) was founded in 1993 and has helped 8 ethnic communities and 25 low-income neighborhoods through supporting small-business entrepreneurs and community organizations in these areas. NDC creates, finances, and provides additional support for resident-owned small businesses in an effort to revitalize the community’s economy. NDC has helped over 500 businesses that are currently in operation.
Northland
Institute (Minneapolis, MN)
www.northlandinst.org
The Northland Institute, a subsidiary of the Northland Foundation,
supports a broad range of innovative asset-building strategies for
low-income individuals, entrepreneurial non-profits and community
economic development organizations, including ESOP formation, social
enterprise, and individual development.
Southern Rural Development
Initiative (Raleigh, NC)
www.srdi.org
SRDI was founded in 1994 by rural and community-based stakeholders, led in part by Funders Who Fund in the South, an affinity group of the National Network of Grantmakers (NNG). In its first decade, it developed partnerships with six historically black colleges; helped establish statewide CDC associations in Louisiana, Arkansas, and South Carolina; and supported nine community-based organizations that focused on youth leadership and development. In 2008, the Southern Rural Development Initiative announced a more focused, intentional, streamlined long-term strategy for community asset development
Sprout Fund (Pittsburgh, PA)
www.sproutfund.org
Founded in 2001, the Sprout Fund is a nonprofit that works on issues related to civic engagement, talent attraction and retention, public art, and catalytic small-scale funding in Pittsburgh, PA. Funding Sprout Seed Awards - modest grants that support community-based projects and strategic initiatives - the Sprout Fund has made nearly 200 awards, totaling $1.2 million. In 2009, it had an operating budget of $1.3 million.
Strategic Actions
for a Just Economy (SAJE), (Los Angeles, CA)
www.saje.net
Founded in 1996, SAJE has taken a multi-faceted approach to pursuing
community wealth building, combining a strong advocacy and community
organizing focus with innovative redevelopment strategies, including
negotiating community benefits agreements (in which developers agree
to provide jobs for local residents in exchange for community support),
affordable housing development, and immigrant access to the banking
system.
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