News

February 2018 Newsletter

Build Economic Democracy: Run for the Shared Capital Board of Directors! Nominations are now being accepted for the Shared Capital Cooperative Board of Directors. The election will be held in April and this year five seats are open. Shared Capital seeks a diverse pool of candidates representing different backgrounds, cooperative experiences and geographic regions. Many…  Read More »

Annual Report Now Available

Read about our work, our members and the communities where we made an impact in 2016. Check out the Shared Capital 2016 Annual Report.

Build Economic Democracy: Run for our Board of Directors

Nominations are now being accepted for the Shared Capital Cooperative Board of Directors. The election will be held in April and this year five seats are open. Nominations are due by March 18, 2018! Three steps to be a candidate: Fill out the candidate statement Have a Shared Capital Co-op member fill out the endorsement form Review the board job…  Read More »

Shared Capital Finances Community-Owned Solar Energy

Financing from Shared Capital Cooperative is helping Minneapolis-based Cooperative Energy Futures (CEF) to initiate multiple community solar garden projects in Minnesota. CEF is an energy efficiency and community-owned clean energy cooperative based in Minneapolis and serving members across Minnesota. CEF develops community solar gardens and provides energy efficiency products and services to local residents. In early…  Read More »

Co-op Brings Grocery Store Back to the Community

When the Renaissance Community Cooperative opened its doors this fall, it brought back a grocery store to a community that had been without one for eighteen years. The new store in this Greensboro, North Carolina neighborhood is the culmination of a nearly two decades-long saga that began in 1998 when Winn Dixie closed its supermarket…  Read More »

Looking Forward and Looking Back: Shared Capital Issues $5.5 million in Cooperative Loans, More Committed for 2017

2016 is shaping up to be Shared Capital Cooperative’s busiest year ever. Shared Capital originated nearly $5.5 million in loans to more than 25 cooperatives this year. The financing supported affordable housing, worker-owned businesses, as well as small farmers and grocery co-ops from Seattle to Atlanta and from New York to Texas. “We are seeing…  Read More »

Family Farms Blossom at The Seattle Wholesale Growers Market

“When the market is filled with people and flowers, there is a contagious feeling that we’ve achieved something really special,” explains Debra Prinzing of Slow Flowers. Eighty percent of the cut flowers sold in the US are imported. The cooperatively owned Seattle Wholesale Growers Market is trying to change that. Located inside the Seattle’s historic…  Read More »

Organic Valley Principle 6 Cooperative Growth Fund Issues First Co-op Loans

The Organic Valley Principle 6 Coopertive Growth Fund recently announced its first loans, approving financing for Lexington Cooperative Market, Linden Hills Co-op, and Dill Pickle Food Co-op. The loans support the expansion of each of the co-ops. Lexington Cooperative Market is building its second store in Buffalo, New York; Linden Hills Co-op is remodeling its store…  Read More »

Shared Capital Makes Loan to Cincinnati’s Start-up Worker Co-op, Sustainergy

Sustainergy launched this year as one of many union worker cooperatives beginning to form around the country. Sustainergy is a worker-owned, residential contracting business that helps homeowners reduce their energy impact at low cost by providing free energy audits and retrofitting houses to make them more energy efficient and environmentally sustainable. Sustainergy organized in early…  Read More »

Shared Capital Finances Two New Food Co-op Stores in North Carolina

The Durham Co-op Market is a start-up co-op and has a newly constructed store located between downtown Durham and Duke University with 7,000 square feet of retail space. The store is off to a very successful start with sales being significantly above budget. The number of owners has increased by about 500 in just six…  Read More »