Capital Impact Partners is excited to partner with National Cooperative Bank to launch the Co-op Innovation Award again this year. The award supports cooperatives nationwide, empowering communities of color and/or communities that experience systemic disinvestment. You can apply for a grant of up to $50,000 through June 19, 2023.
Capital Impact Partners will host informational webinars on June 1 at 2 pm EDT and June 13 at 1 pm EDT. Final determination of awardees and grant amounts will be made by August 31, 2023.
With momentum growing around the power of cooperatives to create economic opportunity for underserved communities and communities of color, Capital Impact Partners created the Co-op Innovation Award in 2015, designed to further this movement and the impact that cooperative organizations are creating nationwide. Organizations are chosen yearly to receive a portion of a $100,000, one-year grant to recognize innovative strategies to increase the number of food, housing and worker co-ops serving low-income communities.