Our new national Direct Public Offering allows all of us to invest in building more just, inclusive, and equitable communities through investments in Shared Capital Cooperative
We’re thrilled to share that we have a new Direct Public Offering (jargon for how you can invest in Shared Capital) that makes it easier than ever. We created several investment options to meet your impact and investment goals. Anyone can invest– both non-accredited and accredited — and the minimum is only $500.
To us, a Cooperative Economy is an economy built on justice, equity, and democracy. If you want to have impact, Shared Capital offers opportunities for individuals, cooperatives, impact investors, foundations, and others to invest. As always, investments provide capital to finance cooperative expansions, start-ups, and conversions for cooperatives that are making a positive impact for their members and their communities.
We have a 40-year track record of successfully financing cooperative expansions, start-ups, and conversions, in addition to stewarding investor dollars from cooperatives, individuals, impact investors, government, religious groups, businesses, and foundations. Interested? Please don’t hesitate to contact us at info@sharedcapital.coop and (612) 767-2100.
Board Nominations closing soon!
Run for our board! Shared Capital seeks a diverse pool of candidates representing different backgrounds, experiences and geographic regions. Many different skills and expertise add value to our board, including knowledge and experience in cooperative governance, finance, lending, investing, law, marketing, member engagement, cooperative development, and CDFIs.
As a member-owned cooperative, our board of directors are nominated and elected by our members. To run for the board, an individual must receive an endorsement from a member cooperative in good standing.
Nominations are due by 12 noon Central Time, Monday, March 21. Three seats are open, all with 3-year terms. There are 10 seats nominated and elected by our member cooperatives, and 1 by our individual members. The individual member representative seat is not up for election in 2022, so only member cooperatives will vote in this year’s election.
Save the Date – Annual General Meeting May 12
Please save the date of May 12 at 12 noon CT to join us for our Annual General Meeting. More information will be coming soon.
New Loans and Members
Members of Slow Bloom Coffee Cooperative in Redlands, California.
Here are some of our recent loans:
Big Duck Studios
Brooklyn, New York
$275,000 to finance purchase of marketing agency for conversion to worker ownership
Extra Extra Pizza
Buffalo, New York
$130,000 to finance buildout and equipment for startup worker owned pizza restaurant
Fancy Tiger Crafts
Denver, Colorado
$354,000 to finance purchase of craft store for conversion to worker ownership
Flat Iron Co-op
Bellows Falls, Vermont
$20,000 to finance leasehold improvements and equipment for café reopening as a co-op
Second episode of Shared Stories by Shared Capital is out
Through Shared Stories, our members tell their stories of cooperation – how they joined together to meet needs and create impact.
Pilsen Housing Co-op (PIHCO) residents are fighting gentrification, skyrocketing rents and displacement in Chicago. Karen and Enrique Leon join us for an interview and talk about PIHCO and what kind of a difference it is making for their work, their family and their financial health.
