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Catalyzing worker co-ops & the solidarity economy

Anchor Institutions and the Purchasing Co-op

We don’t necessarily ground ourselves in the language of anchor-based economic development, but we work with a lot of smaller anchor institutions like congregations, schools, housing centers and other community organizations. Individually, their overall budgets aren’t huge and their discretionary spend budgets are even smaller. So, no one organization has the ability to do an overhaul in the way they do purchasing and fundamentally change the economics of a particular city or even neighborhood, but collectively these anchors spend quite a lot of money. Perhaps more importantly though is that the way these anchors purchase and their particular needs ares much more aligned with the types of businesses we’re trying to prioritize:

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