In a New York Times post titled “The Cure and Feeding of Small Business,” writer and economics professor at UMass explains that while big business is still able to garner generous grants and tax incentives by promising jobs within political boundaries, it often comes at a price to small business and other civic services.
Once such model that is working well to foster success for the smaller enterprise as well as create jobs for the community is the worker-owned cooperative, like those at Evergreen Cooperatives in Cleveland.
“Promotion of worker-owned cooperatives is a way to create entrepreneurs and jobs at the same time. The Evergreen Cooperatives of Cleveland represent a stellar example, recently called out by the Federal Reserve Board member Sarah Bloom Raskin as an effective model of local economic development.”
Check out the full story here.