The Grant & Loan Fund will provide $125,000 in general operating support grants of up to $25,000 each to five creative-industry cooperative enterprises. We encourage applications from cooperative enterprises at their early-stage (i.e., there is a commitment to starting the cooperative or the cooperative is newly incorporated) or early-stage growth (i.e., still a young cooperative with an opportunity to realize new growth with additional capital). Although not a condition of eligibility, we are seeking opportunities wherein a combination of a $25,000 grant from CCI, a loan from Seed Commons (terms to be customized to awardees’ potential), and technical assistance from Uptima would be catalytic in the cooperative’s further development.
We define “artists,” “creative industries,” and “culturally rooted” enterprises broadly. They include being a fine artist, maker, designer, creative entrepreneur, and a cultural practitioner. Artists’ cooperatives can be serving identity-based communities (e.g., LGBTQ+ makers, Black XR content producers, or anti-corporate musicians) or place-based communities (e.g., Southwestern Native American crafts artists or Minneapolis-based Black hair and beauty stylists).
- Application opens: Monday, August 17, 2020
- Application deadline: Monday, October 5, 2020 at 12:00 pm PT