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co-op dayton

Co-op Dayton Awarded JMK Innovation prize – $175,000!

November 18, 2021 By Dayton937

Since 2015, The J.M. Kaplan Fund has reached across America to identify and elevate early-stage projects with transformative potential in the fields of social justice, the environment, and heritage conservation. The fourth cycle of the Prize was launched in January 2021—as the country was reeling from a pandemic and grappling with racial and political tensions—and by April received a record 2,826 applications from all fifty states, as well as numerous territories and tribal nations.

The Fund announced the 2021 J.M.K. Innovation Prize awardees, ten exceptionally promising, visionary organizations that are tackling America’s most pressing challenges while building community and collective power. Each will receive up to $175,000 over three years and join a resource collaborative of fellow innovators designed to support their journey as change agents.

We couldn’t be prouder to announce that CO-OP DAYTON was selected as one of the awardees!

 

Co-op Dayton is boldly showing how collective worker power can transform communities through a “cooperative ecosystem.” As in other cities across the Midwest, majority Black neighborhoods in segregated Dayton have suffered from disinvestment and dwindling access to goods and services such as grocery stores and health care. Amid capital flight and wealth extraction, Co-op Dayton’s incubator program nurtures worker-owned enterprises through assistance with access to capital, business development, and advocacy tools to boost neighborhood resilience. Having mobilized a cooperative grocery store in a former West Dayton food desert that now has 5,000 community member-owners and 25 worker-owners, Co-op Dayton envisions a future when retail co-ops are served by cleaning and delivery co-ops, while real estate investment and construction co-ops redevelop homes in surrounding neighborhoods. Through its work building cooperative businesses, the initiative continuously brings in neighbors—as member-owners, activists, and movement leaders—to gain political and economic power. The upshot is a model for grassroots revitalization in the face of deep urban abandonment that creates jobs, renovates buildings, and—through a culture of ownership—reconnects people with their community.

Filed Under: Community, The Featured Articles Tagged With: Amaha Sellassie, co-op dayton, Lela Klein

Virtual Small Business Competition To Award $5000 to Local Entrepreneur

October 10, 2020 By Dayton Most Metro

On Friday, October 16th at 5:30 pm, Co-op Dayton and Wright-Patt Credit Union (WPCU) will host “Pitch Night: A Celebration of Cooperative and Community Enterprise.” This online event invites the community to cheer on eight teams of entrepreneurs from Co-op Dayton’s business incubator program and to vote for their favorites. Teams will compete for $5,000 in prizes including: a $2,000 cash prize, $2,000 worth of in-kind services from The Entrepreneurs Center, and a $1,000 cash prize for the team with the most votes from the audience. Guests will also have the opportunity to get to know the entrepreneurs through a virtual meet and greet after party featuring DJ Ron Hunter.

The event celebrates the hard work that the start-ups put toward creating co-op and community enterprise business concepts. The teams spent seven months in Co-op Dayton’s incubator program, performing market research, building financial models, and ultimately developing business plans. The teams will each present business pitches from a wide variety of industries, including: construction, marketing and design, tourism, retail, health and wellness, food service, and agriculture.

“Each of these teams represents something we need in our solidarity economy.  This is asset-based community development, in which we each bring our gifts to the community in a cooperative way,” said Co-director of Co-op Dayton, Amaha Sellassie.

WPCU provided financial support and two business plan judges: Tim Mislansky, Chief Strategy Officer, and Heather Corbin, Member Business Service Manager.

“The teams identified problems in our communities that could be solved by a cooperative and then worked to take their solutions from the idea stage into sound and sustainable business plans,” said Mislansky. “Cooperatives really are a great business model for consumers because they solve the challenges facing our communities in ways that all their members can benefit. For example, WPCU is a financial cooperative and when the credit union does well the members benefit with competitive offers and at times a Special Patronage Dividend.”

“Each group has a limited amount of time to share their business story and to talk about the social impact and financial sustainability of their organization,” said Corbin. “It is difficult to judge when each of these start-ups identified services for the communities that really need them.”

“Like many of these teams, WPCU is a member-owned cooperative, and so we understand the unique value that comes from people helping people,” said Tracy-Szarzi Fors, Vice President of Marketing and Business Development for WPCU. “We’re proud to support this program and excited to see the impact that these new start-ups could bring to their communities.”

Guests can register for free and join the virtual event by visiting coopdayton.eventbrite.com. For more information on Pitch Night, please contact Rachel Meketon at [email protected].

 

 

Filed Under: Community, The Featured Articles Tagged With: co-op dayton, Pitch Night

CO-OP Fest brings Friday night fun, food and music to support Gem City Market!

October 24, 2019 By LIbby Ballengee

On Friday, October 25th, The Yellow Cab Tavern is excited to host CO-OP Dayton for their second annual CO-OP Fest, presented by IUE-CWA. With support from local labor unions and independent, cooperative, and employee-owned businesses, CO-OP Fest is a celebration of Dayton workers and cooperators. It is also a fundraiser for the Gem City Market incubator, Co-op Dayton. The event features some of Dayton’s finest food trucks, bands, poets, worker and cooperative initiatives, raffles, and games!

The musical acts include some seriously funky bands!

6:30pm – Deron Bell Band
8:00pm – Premium Blend Music
9:30pm – Freakquency

There will also be a tap takeover at the Yellow Cab’s bar with Fifth Street Brewpub, Dayton’s own Co-Op Brewery!

Founded in 2015, Co-op Dayton is committed to incubate cooperative businesses to bring sustainable jobs to Dayton and address Dayton’s food crisis through the Gem City Market co-op.

How to Go?

Friday, October 25th, 2019 at The Yellow Cab Tavern 

Cover starts at 5pm with food trucks and meet & greet

6pm the spoken word performances and live music begin.

$15 at the doors / $10 for Gem City Market co-op members.

Filed Under: Arts & Entertainment, Charity Events, Dayton Food Trucks, Dayton Music, Downtown Dayton, Getting Involved, Local Government/Politics Tagged With: bands, brewery, brews, co-op, co-op dayton, co-op fest, cooperative, Dayton, Dayton Music, downtown, Food Truck, fundraiser, games, Gem City Market, poets, raffle, spoken word, Yellow Cab

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