Recommendation IE.21
Recommendation Status: New
Establish a business cooperative program that provides strategic assistance, training, and evaluation to help people create worker-owned enterprises that create wealth for employees and their communities.
This recommendation helps achieve the following
Applicable Geographic Scales
Countywide
Municipalities
Key Issues Addressed
Sustainability Considerations
Sub-geographies
Equity Considerations
Standardizes community ownership and sets precedent for self-advocacy of underprivileged communities.
Establishment of local and regional partnerships that consolidates and conserves staffing need.
Related Planning Topic Areas
Inclusive
Economies
Complete Communities
Low
(Less than $1 mil)
Medium
($1-10mil)
Partnership
Implementation
Lead Partner(s)
Beyond Housing
County Housing
Timeline
Ongoing
Near-term
(Within 5 Years)
Supporting Partner(s)
St. Louis County Department of Human Services - Office of Community Development
St. Louis Economic Development Partnership
STL VentureWorks/Wellston Business Incubator
Missouri Department of Economic Development
Project
Cost
High
($10+ mil)
Project, Partnership, or Policy
Policy
Medium-term
(5-10 Years)
Long-term
(10+ Years)
Potential Funding Sources
St. Louis Economic Development Partnership
MacArthur Foundation
Greater St. Louis, Inc.
Beyond Housing
North County, Inc.
Tracking Implementation
Redirect resources and assistance to more economically challenged geographic areas.
Tracking Success
Official establishment of a worker-owned cooperative program for business start-ups.
Number of businesses created.
Number of businesses operating after two years.
If overperforming, what should we do?
Limit focus to a few geographic areas to better leverage support.
If underperforming, what should we do?