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Description
Local development agencies organize groups of residents to invest in business ventures commonly known as Community Supported Enterprises or Businesses. These ventures are often motivated by the potential loss of a grocery store, restaurant, or other establishment considered vital to quality of life in the community. Motivated by a need to maintain or build social capital, a group of residents pool their investments to purchase a building or on-going establishment and then hire an operator to manage the business with returns paid to the organizing agency. These agencies may be a nonprofit, LLC, Cooperative or other type of organization. Emergence and Support of Community Supported Enterprises is a North Central Regional Center for Rural Development funded project that examines how CSEs are organized and operate in several states. It involves a collaborative effort between the Center for Governmental Studies, University of Wisconsin Extensive, and Michigan State Extension.
Publication Date
9-1-2016
City
DeKalb
Keywords
community-supported enterprises, Illinois, financing methods, community
Recommended Citation
Walzer, Norman and Sandoval, Jessica, "Emergence and Growth of Community Supported Enterprises" (2016). Reports, Whitepapers, Articles, and Other Publications. 13.
https://huskiecommons.lib.niu.edu/ctrgovernment-reports/13
Sponsorship
The North Central Regional Center for Rural Development provided financial support for this project. The Illinois Institute for Rural Affairs at Western Illinois University provided financial support for printing. In consultation with David Ivan, Michigan State University and Greg Wise, University of Wisconsin-Extension
Language
eng
Department
Center for Governmental Studies
Publisher
Northern Illinois University Center for Governmental Studies
