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Worker Owned Academy (6 sessions, 10/26-12/7)

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Worker Owned Academy (6 sessions, 10/26-12/7)

The Worker Ownership Program is committed to supporting existing co-ops and incubating new co-ops. Worker owned cooperatives (co-ops) are entities that buy and sell goods and services, just like traditional businesses, but they are owned by their workers, rather than by shareholders. Worker cooperatives empower workers to make decisions that impact their lives and livelihoods, learn new skills, and share equitably in a business’s profits. Cooperatives are businesses owned and run by and for their members. Whether the members are the customers, employees or residents they have an equal say in what the business does and a share in the profits. Whether it is a new business idea or a current business that wants to convert, we are here to help you through the necessary steps – and to coach you in the most important aspect that sets co-ops apart from other businesses; to work as a group, equally taking part and sharing in the work and rewards. Remember to also join the free 1 hour Intro to Worker Ownership session on October 12 at 4 p.m. (Inquire at admin@northcoastsbdc.org) Cost: $60 for the Academy (6 sessions). Income based scholarships available. Please complete our voluntary, confidential income self-certification form. We will let you know asap if you qualify. Method: All sessions will be virtual, using Zoom. You will need a computer, good internet speed, a microphone and speaker. Approach: This program follows a “reverse classroom” approach. Everyone will receive access to a Google Classroom with learning content they can absorb outside of sessions. The sessions themselves will be interactive and practice-focused. Participants get the most out of this Academy if they do the “homework” beforehand and schedule private coaching sessions for their worker-owner team during and/or after the program. Sessions: 1 – Introduction to Cooperatives: This session focuses on what a co-op is, what makes them different from other businesses, and what is the same. Special attention is on the participants introducing the business ideas, giving feedback and answering questions and worries. 2 – Process of Starting a Cooperative: This session is about the process of starting a co-op with a special focus on the first things you need to do: Start with an idea, Form a Team/Steering Committee, and decide on comitments and prosedures. 3 – Working in a Co-op Development Team: Facilitation and Consensus: This session focuses on the work in a Co-op Development Team with special emphasis on facilitation and consensus decision making. 4 – Decision Making Structures and Meeting Dynamics: This session focuses on different decision-making structures and the power distribution in a development team and a larger cooperative. We also look at agendas and notetaking for effective meetings. 5 – Financing and Funding: This session focuses on the money; how to plan for it, how to distribute it, how to get hold of it. Based on what is called the patronage dividend, or how to share the surplus, we will touch upon investors, lenders, community support, as will basic budgeting and cashflow. 6 – Governance and Next steps: This session focuses on the governance of a co-op (Bylaws and Operating Agreements), legal structures (Cooperative Corporation and LLC), and the concrete steps you will have to take after the Academy to actually incorporate your cooperative.

Free Zoom webinar, online registration required
60
04:00 PM - 06:00 PM on Mon, 25 Oct 2021

Event Supported By

North Coast Small Business Development Center
707-445-9720

Free Zoom webinar, online registration required