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Verge CoHousing

Verge CoHousing is one of 8 Projects going through the incubator.coop Accelerator Program.

The cohort consists of:

Name

Description

Founder

Verge CoHousing A CoHousing Co-op (Adelaide, SA) Elle Vallance
Valley and Plains Renewable Energy A renewable energy Co-op (Barossa Valley, SA) Rachel Brdanovic
Rock and Ranges Craft Brewery Co-op A Co-op micro brewery (Macedon Ranges, VIC) Luke Spievogal
TideWater A Worker Co-op with an innovation that de-salinates seawater into freshwater using tide and gravity energy only (Adelaide, SA) Sir Charlie Madden
Loconomics Australia Platform Co-op for booking household and personal services from local suppliers (Melbourne, VIC) Sam Waterhouse
NeedsMap Australia A platform for connecting charitable needs with donors using a smart-map interface (Melbourne, VIC) Rohan Clarke
Chooks SA A 2000+ strong online community fighting for gender equality seeking to become a Co-op (Adelaide, SA) Moira Were
Carbon Farming Collective A platform for trading of ACCU (Carbon offsets) using blockchain settlements (Townsville, QLD) Daryl Killin

Verge CoHousing

Origin Adelaide Type Housing Co-op Stage mid

The idea: The Verge CoHousing Community will be an intentionally designed community consisting of approximately 30 self-contained dwellings of differing sizes plus a Common House and shared garden spaces. The project will be owned collectively

Strengths: Launched the project in May 2016. Since then holding regular ‘Getting it Built’ meetings, social events, an annual retreat, and a quarterly newsletter to a mailing list of 260 people.

Established a Trello, Google Drive, Quarterly newsletter, Facebook pages, and ongoint development our Project Plan and business case.

Hurdles: 

  • Legal
  • Marketing
  • Policy Development
  • Funding for participants and interplay with structure type

What they need:

  1. Website: none of our current members have the skill or the time to set it up
  2. Financial feasibility modelling. They have a fair idea of how to do the modelling and have access to some number crunching tools; but financial modelling in respect to financing requires specialist knowledge from someone in the construction industry.
  3. Legal counsel 
  4. Investment partner(s)

Founder Notes: Very well read and connected in CoHousing and Community design.  Founder well organised and has many good systems in place.

What is the Accelerator Program?

Beginning on the 4th of February and running for 8-weeks is the first Accelerator Program being run for creating new member-owned organisations.

There are already many incubators for investor-owned companies and even some incubators for social enterprises, but this is the first incubator run to assist the creation of new member-owned businesses.

The incubation process takes an idea – or Project – through 4-stages: Forming, Organising, Funding and Operating.

A project is improved upon at each stage with the direct assistance of the membership of Incubator Co-operative.  For example a Project might need a website and they will agree a deferred-payment arrangement with a web designer who is also a member of incubator.coop.

Not all projects will offer deferred-payment arrangements, some will pay directly for work, some will ask for a freebie and some will offer the equivalent type of sweat-for-equity arrangement that a startup might provide.

Incubator.coop provides the ‘ecosystem’ that allows members to assist Projects through the critically important early stages of formation, planning, launching and compliance of member-owned organisations.

Do you want to help the Verge CoHousing Project?

Social Membership

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As a Co-operative Member you get all the benefits of a Social Member plus:

  • Vote on the direction of incubator.coop
  • Access courses, webinars, web-tools and software
  • Exchange with other Members using the security of a Treaty
  • Nominate / Become a Mentor

$24 per annum + $1 Member Share