I stumbled across this today - it's a great resource!
There is a list of collectives and co-ops linked from the main page - there are some great names in there, as well as about 50 plays on the word "recycle" (recycles, recyclery, recycled bicycles, etc., with much interregional synonymity).
Hope this helps keep those name ideas coming!
Also, I emailed Park Tools and asked very eloquently if they'd be interested in donating blemished/backstock/etc. tools for the project. I'd like to see what comes of it.
(if anyone else wants to contribute to this blog, gimme yr email adress!)