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
Complete
Communities
Inclusive
Economies
Key Issues Addressed
Related Planning Topic Areas
Applicable Geographic Scales
Countywide
Municipalities
Sub-geographies
Equity Considerations
Standardizes community ownership and sets precedent for self-advocacy of underprivileged communities.
Sustainability Considerations
Establishment of local and regional partnerships that consolidates and conserves staffing need.
Implementation
Lead Partner(s)
Supporting Partner(s)
Cost
Low
(Less than $1 mil)
Medium
($1-10mil)
High
($10+ mil)
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, Partnership, or Policy
Project
Partnership
Policy
Beyond Housing
County Housing
Timeline
Medium-term
(5-10 Years)
Ongoing
Near-term
(Within 5 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
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?
Redirect resources and assistance to more economically challenged geographic areas.
If underperforming, what should we do?
Limit focus to a few geographic areas to better leverage support.