What does SACCO mean in UNCLASSIFIED


The Southern Appalachian Center for Cooperative Ownership (SACCO) is a non-profit organization dedicated to the promotion of cooperative ownership models in the southern United States. Based in the Appalachian Mountains, SACCO works with individuals and organizations to create economic opportunities by building cooperative business systems and providing educational resources. Through its work, SACCO seeks to empower communities by providing access to capital and financial tools, helping cooperatives build communities based on mutual aid and responsibility.

SACCO

SACCO meaning in Unclassified in Miscellaneous

SACCO mostly used in an acronym Unclassified in Category Miscellaneous that means Southern Appalachian Center for Cooperative Ownership

Shorthand: SACCO,
Full Form: Southern Appalachian Center for Cooperative Ownership

For more information of "Southern Appalachian Center for Cooperative Ownership", see the section below.

» Miscellaneous » Unclassified

History

The Southern Appalachian Center for Cooperative Ownership was formed in 2000 as an outgrowth of various grassroots cooperative initiatives sprouting throughout Appalachia during the late 1990s. Since then, SACCO has become a major force in promoting cooperative ownership models across the south. Through its outreach efforts, training programs and advocacy, SACCO has helped numerous start-ups get off the ground, provided resources for existing cooperatives looking to expand their offerings, and inspired countless others to pursue the cooperative business model.

Services

SACCO offers a variety of services designed to promote cooperation among businesses in order to build vibrant economies across several states in southern Appalachia. These services range from providing information on how to start up a new business entity or create a new local economy through education support; offering assistance with feasibility studies; offering consulting services on business models; organizing workshops and conferences on foundational concepts such as financing options and legal aspects; facilitating regional-scale projects leveraging diverse forms of capital; mobilizing “mission-driven” investment funds for regional growth initiatives; and encouraging local investment networks that can help manage risk within local economies.

Essential Questions and Answers on Southern Appalachian Center for Cooperative Ownership in "MISCELLANEOUS»UNFILED"

What is the Southern Appalachian Center for Cooperative Ownership?

The Southern Appalachian Center for Cooperative Ownership (SACCO) is a nonprofit organization dedicated to promoting and advocating for cooperative ownership in the South. Our mission is to empower people from all different backgrounds to create and sustain cooperatively-owned businesses, share resources, and create opportunities for economic development and social justice.

How does SACCO help the community?

We work with communities throughout the South to develop and support cooperatively-owned businesses that can provide new job opportunities, access to shared resources, viable economic activities, and more. We also provide education, training, and other support services to help these businesses thrive. Finally, we advocate on behalf of cooperatives at local, state, and federal levels so that our members get the recognition they deserve as part of a movement towards greater economic and social equity.

What is a cooperative business?

A cooperative business is an enterprise owned by members of a community who share an equal say in the decisions that affect their business. Cooperatives often provide essential goods or services to their members at an equitable price while creating employment opportunities within their communities. Cooperatives have been around for centuries in many different forms; from agricultural cooperatives operating in rural areas to housing co-ops providing shelter in urban centers.

What are some examples of successful cooperative ownerships?

There are many examples of successful cooperative ownerships around the world! Examples include ACE Hardware stores in India where farmers joined forces to take control of their marketplace; Mondragon Cooperative Corporation headquartered in Spain which has over 150 separate business units; Worker-Owned Green Cleaning companies like PUENTE based out of Los Angeles; and Park Slope Food Coop located in New York City with over 20,000 member-owners!

Who can become a member of SACCO?

Anyone who supports our mission can become a member of SACCO! This includes individuals interested in learning more about existing coops or starting their own coop business as well as organizations looking for more information or guidance on working with cooperatives. We currently serve 10 southern states - Alabama, Arkansas, Florida Georgia, Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee - but we welcome members from any region who may wish to join us!

Does SACCO offer any educational materials or trainings?

Yes! We offer educational materials such as our "Cooperative Basics" booklet which provides an overview on what it takes to create and sustain coops, as well as various online trainings led by our staff via Zoom or webinar platforms. Trainings cover topics such as financial sustainability for cooperatives start-ups/restructuring models/governance structures/business plans/and more!

How does SACCO ensure success when working with businesses seeking cooperative ownership?

At SACCO we prioritize working closely with stakeholders throughout every step of process so that no one feels left behind during transitions into cooperative ownership model -- be it educating stakeholders on existing success stories throughout US history or facilitating exclusive one-on-one organizational analyses tailored specifically to specific needs every stakeholder has unique ideas they'd like incorporated into design/implementation plan --so only solution customized based off multiple perspectives will really guarantee success initaitve pursued.

How can I get involved with SACCO?

You can volunteer your time or make contributions financially! Our volunteers usually assist us with projects like research & development on existing coops or developing new initiatives such as online courses & trainings. Financial donations are always welcome too but even small contributions like spreading awareness about what we do make sure everyone accessing internet knows about how valuable tool cooperation offers communities rest South & beyond.

Final Words:
The Southern Appalachian Center for Cooperative Ownership is an invaluable resource for individuals interested in learning more about cooperative ownership models or launching their own businesses. By combining educational resources with advocacy, technical assistance, and access to capital, SACCO has become a leader in helping develop strong economies based upon collaboration among businesses and workers alike. Through its efforts across multiple states in Appalachia, it has proven that lasting success can be found when people come together under shared values to achieve common goals.

Citation

Use the citation below to add this abbreviation to your bibliography:

Style: MLA Chicago APA

  • "SACCO" www.onlineabbreviations.com. 29 Mar, 2024. <https://www.onlineabbreviations.com/abbreviation/709278>.
  • www.onlineabbreviations.com. "SACCO" Accessed 29 Mar, 2024. https://www.onlineabbreviations.com/abbreviation/709278.
  • "SACCO" (n.d.). www.onlineabbreviations.com. Retrieved 29 Mar, 2024, from https://www.onlineabbreviations.com/abbreviation/709278.
  • New

    Latest abbreviations

    »
    NTD
    Not The Doctor
    NSG
    National Sales Group
    BGs
    Botanical Gardens
    DPS
    Dalmeny Public School
    IAG
    Institutional Assistance Grants