Pasted below is information about the event from their website:
BALLE Accelerating Community Capital Webinar Series
Aug 14 2012 - 10:00am - 11:00am
Webinar topic: Local Stock Offering Part 2: Worker Ownership and Direct Public Offerings
About the topic: Chris Michael and his partners at Workers Development have been working to create Workers Diner, a family-friendly dining establishment serving traditional New York City diner cuisine in the heart of Central Brooklyn. Pending funding through a Direct Public Offering (DPO) launched this spring, Workers Diner will be organized as a worker-controlled business, or worker cooperative, with all voting rights and profits retained by worker-owners. Of primary importance, Workers Diner’s founders intend on establishing a replicable model for the financing of worker-controlled businesses: with startup costs raised from local communities, profits and proceeds can remain in local communities. Chris will share the story of Workers Diner through the lens of a worker cooperative using a DPO as its community capital mechanism -- how they set the stage for this mechanism and how it is serving the business and community.
Registration is open for our summer Accelerating Community Captial webinars - register now!