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Cooperatives 101: Formation, Structure, Best Practices, Resources - Shared screen with speaker view
Jessica Wetzel
24:21
Please drop any questions you have for our speakers into the Q&A during the presentation. We will get to as many questions as we can after the presentation wraps.
Jessica Wetzel
26:18
Shared
Kristi Luzar
27:10
democratic
Warren Enström
28:29
How particular fields (such as the arts, software, construction, etc.) can modify practices to succeed under a co-op model
Jessica Wetzel
53:23
https://uwcc.wisc.edu/
Kristi Luzar
53:34
https://uwcc.wisc.edu/research/latinx-cooperative-research/
Jessica Wetzel
55:52
Thanks Paul!
Kristi Luzar
01:03:16
Successions as a strategy is something the SBA has put forward in recent years and are looking to support via Small Business Development Centers (SBDCs), thus their work with the UW Center
Kristi Luzar
01:04:20
I imagine that this would be a great place for Business Improvement Districts (BIDs) to connect businesses in their district (-:
Kristi Luzar
01:08:45
Sure...it was actually included in some legislation a couple years ago. It's still emerging as to the "how" but we hope to promote that more.https://institute.coop/news/democracy-work-institute-celebrates-passing-worker-cooperative-and-employee-ownership-0
Kristi Luzar
01:10:31
That's an amazing resource!
Kristi Luzar
01:12:07
i.e. those of us that can bend the ear of folks in city and county government here in Milwaukee, we should do this! Would be great to see some investment by local government in this, similar as to how they already invest in small business support
Conor Williams
01:12:07
Milwaukee Department of City Development should have a co-operative creation initiative
Jessica Wetzel
01:13:05
Yes!
Kristi Luzar
01:13:23
Exactly Conor! (-:Also we did invite some DCD folks to attend and plan to follow-up
Conor Williams
01:15:16
Co-ops are the opposite of the plantation capitalism that Rev. Jim Lawson spoke against
Rusty Borkin
01:17:44
Study groups have been used extensively in Philadelphia currently, and in the past among southern black cooperatives.
Irma Yepez
01:21:37
funding to explore housing cooperatives was introduced as part of the Mayor's budget https://www.jsonline.com/story/news/local/milwaukee/2020/09/21/milwaukee-mayor-tom-barrett-propose-6-5-million-housing/5824197002/
Kristi Luzar
01:22:24
I'm a nerd!
Warren Enström
01:24:03
thanks for the slide!
Kristi Luzar
01:24:59
Thanks Irma! Yes, really great news to see the City's announcement just this week to fund the development of housing co-ops and land trusts
Nola Hitchcock Cross
01:26:35
This was a fantastic presentation! Thank you very much.
Rusty Borkin
01:27:00
Irma, I heard that funding included community land trusts as well. Is that the case?
Kristi Luzar
01:28:17
Thanks Margaret! I know someone whose kids participated years ago - loved it
Gary Korb
01:28:56
Are there some clear & easy distinctions that can be made between Coops and small businesses, some of which may seek to address the same, or similar, thiings? Thanks.
Conor Williams
01:29:49
There are tax benefits for a business to convert to an ESOP - employee share ownership program
Conor Williams
01:31:06
Harken Manufacturing Corp in Waukesha was just sold to its employees
Irma Yepez
01:32:04
Hi Rusty - Yes! It includes co-ops and community land trusts...
Warren Enström
01:34:28
Hi all -- can you speak to co-op nonprofit structures that I've seen occasionally? are these non-profits with charters that feature co-op structures, or are they co-ops that fall under the rubric of non-profits because of how they manage their wealth?
Kristi Luzar
01:37:24
Yes Gwen! I'll find a link to a previous email here where you can access it
Jessica Wetzel
01:38:44
ESPO is a Employee Stock Ownership Plans
Nola Hitchcock Cross
01:38:55
Aesop's Fables
Jessica Wetzel
01:39:10
*ESOP
Kristi Luzar
01:39:18
This email has the link to our YouTube recording in it (2nd paragraph)https://mailchi.mp/f430fee1bcd4/city-budget-equity-analysis-vision-5240218?e=27ea660bad
Esther West
01:43:30
Re: business structures: https://uwcc.wisc.edu/about-co-ops/business-structure-comparison/ Generally co-ops in WI go with Chapter 184. Other state statues can be found at https://resources.uwcc.wisc.edu/Research/UWCC_National_Resource_Ecosystem_Statutes_March2020.pdf
Esther West
01:44:10
A good book is "For all the People" by John Curl
Esther West
01:44:32
As well as Collective Courage by Dr Jessica Gordon Nembhard
Esther West
01:46:19
Thank you so much, everyone. Please do reach out if you like. We appreciate your taking time out for this, and to UEDA and Walnut Way.
Jessica Wetzel
01:47:16
Yes slides will be shared
Jessica Wetzel
01:47:22
As will the recording of this session
Irma Yepez
01:48:07
Thanks all!
Humberto Camarena
01:48:16
Thanks so much! What a great presentation!
Conor Williams
01:48:19
Thank you
Warren Enström
01:48:19
Thanks y'all!