A Food Co-op in Your Community A Food Co-op in Your Community Mid-North CAN Oct. 15, 2015 Deb Trocha, Executive Director Indiana Cooperative Development.

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Presentation transcript:

A Food Co-op in Your Community A Food Co-op in Your Community Mid-North CAN Oct. 15, 2015 Deb Trocha, Executive Director Indiana Cooperative Development Center

Today’s Objectives  Definition of a Cooperative  Cooperative Values  Cooperative Principles  How Co-ops Benefit Communities  Critical Requirements  The Food Co-op Development Model

What Is A Cooperative?  A business owned and controlled by the people who use it – its members.  People working together to meet their mutual needs

Co-op Values  Self Help  Self Responsibility  Democracy  Equality  Equity  Solidarity  Honesty  Openness  Social Responsibility  Caring for Others

Co-op Principles 1. Voluntary and Open Membership 2. Democratic Member Control 3. Member Economic Participation 4. Autonomy and Independence 5. Education, Training, and Information 6. Cooperation among Cooperatives 7. Concern for Community

How Co-ops Benefit the Community  Goods and services are provided according to what people want and need  Profits stay in the community  Jobs are provided and economic activity is enhanced  Co-ops understand and respond to local needs  Decisions are made to benefit people locally  Co-ops support and stimulate community connections

Critical Requirements  Communication  Commitment  Common vision and goals  Capital  Leadership  Planning

The Food Co-op Development Model

Four Cornerstones  Vision  Talent  Capital  Systems

Three Stages  Organizing  Planning & Feasibility  Implementation

Cornerstone: Vision, Stage 1  Build a common vision  Conduct community meetings  Identify potential members  Identify community leaders

Cornerstone: Talent, Stage 1  Develop strong leadership  Create a steering committee  Set up task forces  Recruit interested people  Set up basic office and administrative support  Find someone to do graphics and web design

Cornerstone: Capital, Stage 1 Draft an organizing budget Set up financial accountability systems Write grant proposals for organizational costs; other fund raising opportunities Raise money locally to support organization and to meet required matching funds for grants

Cornerstone: Systems, Stage 1  Create a development plan  Conduct a preliminary feasibility study  Conduct a preliminary supplier analysis  Survey community interest  Set up accounting systems and checking accounts  Create a contact list  Define Steering Committee roles and a decision making process  Consider incorporation – Draft articles and by-laws  Research membership programs

Next Steps  Decide to go forward  From a steering committee  Research co-op organizing strategies  Make a plan, timeline and budget for first stages  Establish a mentoring relationship with another co-op  Incorporate

Your Are Not Alone!  There are about 320 retail food co-ops in the US  Right now over 100 groups are organizing new food co-ops across the US  ICDC and other organizations have resources, advice and assistance for you

New Food Co-ops Organizing Now!

Q & A THANK YOU! Debbie Trocha