BCDI (Bronx Cooperative Development Initiative)
The Bronx Cooperative Development Initiative (BCDI) is a community-led effort to build an equitable, sustainable, and democratic local economy that creates wealth and ownership for low-income people of color—what we call economic democracy. We are doing this by developing a network of diverse partners and community enterprises that currently includes four major projects:
- A Planning and Policy Lab, a center for economic democracy planning and policy development—by, with, and for the Bronx.
- The BronXchange, a marketplace that connects Bronx institutions and nonprofits with local businesses in order to localize their purchasing and build community wealth.
- The Bronx Innovation Factory, a center for advanced manufacturing led by women and people of color, focused on shared wealth creation and innovations that matter for Bronx residents.
- An Economic Democracy Learning Center, a leadership development institute that prepares stakeholders of all types to lead this new future; cultivates a culture rooted in economic democracy principles; and advances the overall field of economic democracy based on experiences in the Bronx and inspirational examples from around the world.
All together, BCDI is a transformative model for urban economic development that can serve as an example for other communities across the US and the world. Read more about our work at bcdi.nyc.