Co-operative Enterprises for Job Creation and Business Development
The Madison Cooperative Development Coalition (MCDC) is a City of Madison funded initiative to form worker cooperatives that address income inequality and racial disparities by creating living wage and union jobs.
What is a worker cooperative?
A worker co-op is a business that is owned and controlled by its workers. A co-op is operated to benefit its members, not to maximize profit for outside investors. Worker-owners democratically control their co-op by exercising voting rights that come with membership. The co-op model can be an effective way for people to address their own economic needs while diversifying and strengthening their local community.
Want to start a worker cooperative, sell your business to your employees or are you a community based organization interested in organizing community members to start or buy a cooperative? Please visit the Madison Cooperative Development Coalition (MCDC) for more information: https://www.mcdcmadison.org/
The City of Madison also works with Shared Capital Cooperative to provide loans to worker cooperatives in the City of Madison.
Contact the Office of Business Resources
Office of Business Resources
(608) 267-4933
obr@cityofmadison.com