New York City Worker Cooperative Initiative: Report on Year One

New York City passed Local Law 22 of 2015, which allocated $1.2 million to support the development of worker cooperatives within the city. Its first-year report shows that the initiative created 21 new worker cooperatives, helped 141 people become worker-owners, provided services to 24 already existing cooperatives, and reached 938 entrepreneurs with information about worker cooperatives.