A presentation by Chris Michael of Workers Development in the City of New York on direct public offerings for worker-cooperatives at the US Worker Coop Conference 2010, Berkeley

Filmed by Patrick O’Connor of Oakland Sol for Permaculture.coop

http://www.vimeo.com/14121911

Workers Development in the City of New York is a for-profit business aimed at the development of worker cooperative businesses in the New York City metropolitan area. Our business structure is also organized as a worker cooperative. Presently, we are at work on our first worker cooperative restaurant. Visit workersdiner.org for more information.

Creative Financing for Your Worker Cooperative
Jenny Kassan, Katovich Law Group and Sustainable Economies Law Center; Chris Michael, Workers Development; Christina Jennings, NCDF; Mike Leung, Worker Cooperative Credit Union

This panel will cover the legal framework for the financing of worker cooperatives and provide examples of creative financing techniques including the creation of a credit union to help finance worker cooperatives and conducting a direct public stock offering to non-members.

Source: usworker.coop

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