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Building Community Wealth One Co-op at a Time

Together, we are building Community Wealth for a just and liberated future.

Over the last 20 years, Nexus has worked to usher out the rigged rules, attitudes, and practices that concentrate wealth and power in fewer and whiter hands. For folks who have been intentionally shut out of mainstream economies, cooperatives present a tried-and-true alternative.

Cooperatives embody the idea that wealth is more than the success of any one individual—that wealth is owning what we produce. To us, wealth is building and inventing for our families and community, not only in crisis, but also in the pursuit of our dreams.

Meet Denise Butler

For more than a decade, Nexus Community Partners and African Career, Education, & Resource Inc. (ACER) have been partners in organizing, funding, and community wealth building. When Denise Butler, Associate Director at ACER, approached Nexus to work with an emerging collective of 24 Black immigrant women and business owners, we jumped at the opportunity.

With the help of Nexus and ACER, these women formed a cooperative: The Ignite Business Women’s Investment Group. Last year, Ignite purchased their first property: Shingle Creek Center in Brooklyn Center.

At the beginning, the Shared Ownership Center at Nexus (SOC@N) helped Ignite determine their cooperative structure, articles of incorporation, and bylaws. As the project developed, SOC@N worked closely with ACER, Ignite, their legal team, and project manager to provide flexible support wherever necessary, from weaving together knowledge, resources, and connections to successfully acquiring the 18-unit shopping center.

“Nexus was instrumental in supporting ACER’s work in building the first Black women’s cooperative in Minnesota. The infrastructural support provided by Nexus speaks to their expertise in the cooperative development landscape.” – Denise Butler, ACER

This milestone was years in the making. It has been an honor to walk alongside Ignite and ACER as they expand their work to meet the needs of their community. Join us in scaling up BIPOC-led cooperative development!

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