Co-operatives or CoOp’s
Co-operatives are a form of business just like a Pty Ltd company. A Co-operative can do any type of business that a company can. However, Co-operatives across the world share a similar ethos
The 7 Principles
- Voluntary and open membership
- Democratic member control
- Member economic participation
- Autonomy and independence
- Education, training, and information
- Co-operation among co-operatives
- Concern for Community
Mutual Benefits
At incubator.coop we help any type of Cooperative to ‘Form, Organise, Fund and Operate’.
The exciting areas of new CoOp formation include:
– Community Owned Enterprises – anything from a pub to a post-office, school to satellite, house to hospital
– Online or Platform CoOperatives – these are being created by online communities in place of VC-backed platforms