Last month CPA Co-op executive director Felipe Witchger hosted a strategy input session on how to breathe new life into a broken economy. Felipe set the stage for the call by sharing CPA Co-op’s success adding value on contract decisions for organizations who work together to tackle ambitious, mission-aligned economic actions. These actions position CPA to help community institutions writ large to think about all of their economic transactions, and integrate their values and mission and purpose into not just their purchasing, but also their real estate and their investing. Felipe brought together representatives from stakeholders across the country: co-op organizing and finance, credit unions and church mutuals, national co-op organizations and new start-ups, to explore this new economy. What follows is a series of highlights from this conversation.Read More
With the recent Amazon HQ2 bidding wars, it is clear cities need a more thoughtful approach to local economic development. As more nonprofits consider what a deliberate approach to re-making the economy might look like, we want to offer our community purchasing co-op model as a complement to the growing work of universities and hospitals trying to refocus on local, equitable economic development.
Last year over 100 small anchor institutions in Washington DC purchased $16.7 million of goods & services through the Community Purchasing Alliance Cooperative (CPA), with almost $10 million going to minority owned businesses.Read More