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NATIONAL COOPERATIVE DEVELOPMENT ACT--HR3677

May 21, 2012 at 12:00 PM

The National Cooperative Development Act was introduced to congress  as H.R. 3677 on December 16th.  The bill creates a National Cooperative Development Center that will:
• Award grants to nonprofit organizations, colleges and universities provide technical assistance to cooperative or groups seeking to form co-ops.
• Provide guidance, best practices and technical assistance to communities seeking to establish cooperatives.
• Create a revolving loan fund to provide seed capital to groups attempting to form cooperatives.
• Provide funding to train providers of technical assistance an support existing professional development for organizations engaged in cooperative development.
• Establish cooperative development centers in areas that do not have them. 

For more information about the bill and learn how you can become involved:
Press release at http://t.co/K6sLkp4u Join the campaign at www.campaign.coop. Talking points to share your views about the bill with your representatives at www.campaign.coop/node/24

 
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