NYC Worker Cooperative Business Development Initiative, a program

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About this program

A New York City initiative, run through the Department of Small Business Services, that funds a network of partner organizations to create new worker cooperatives, convert small businesses to worker ownership, and build the capacity of existing cooperatives through education, training, and technical assistance.

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Key facts

States served: New York
Geographic focus: New York City
Status note: Launched in fiscal year 2015; municipal funding grew from $1.2 million to $2.1 million by fiscal year 2016 and the initiative continues.

What they finance

Offerings: Technical assistance, Grant
Ownership models: Worker cooperative
Employee-ownership focus: Exclusive

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NYC Worker Cooperative Business Development Initiative

About this program

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Key facts

What they finance

People

Companies financed

Partners

Curators(1)