Co-operatives: Resiliency in Action
Betsy Black & Bonnie Hudspeth
NOFA NH Winter Conference // March 2, 2013
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Resiliency in Action Betsy Black & Bonnie Hudspeth NOFA NH - - PowerPoint PPT Presentation
Co-operatives: Resiliency in Action Betsy Black & Bonnie Hudspeth NOFA NH Winter Conference // March 2, 2013 1 Overview What is a Co-op? Introductions: CFNE & NFCA Co-ops & Resilience NE Co-op Stories: Resilience in
Betsy Black & Bonnie Hudspeth
NOFA NH Winter Conference // March 2, 2013
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voluntarily
economic, social & cultural needs and aspirations
democratically-controlled enterprise
~ International Co-operative Alliance
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services also own it.
co-op control it on a democratic basis (one- member, one-vote).
receive benefits such as patronage dividends, improved price, goods and services & employment.
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Are more common than we think
Are innovative
aggregation & distribution
Are successful
Are resilient
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(Food Co-ops, Farmer Co-ops, Credit Unions, Worker Co-ops, Energy Co-ops, Housing Co-ops, etc.)
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capital
power for new Co-op enterprises
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Vision Focus Areas Strategy
Thriving Regional Economy Network Partnerships
Collaboration among Co-ops Healthy, Just & Sustainable Food System
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VERMONT
CONNECTICUT
NEW HAMPSHIRE
MASSACHUSETTS
RHODE ISLAND
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12 start-up projects
– 1,200 in 2007 – VT members among top 25 employers in the state
– Average wage was 18% higher than the average for food and beverage industry in same states.
– $161 million in 2007
(2007)
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– To provide investment opportunities, debt financing and technical assistance – To advance co-ops and community-based nonprofits – In New England and eastern upstate New York
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and other democratically
iinvestors
iand 4,462 housing units
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Community ownership & control + Focus on service, meeting needs before profit + Development of local skills & assets + Regional economic efficiencies + Ability to assemble limited resources + Difficult to move or buy-out + Root wealth in communities, not markets + Member, customer loyalty + Low business failure rate & are long-lived
employment, services & economy
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sustainable, organic agriculture
farms
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joined for mutual benefit
design and installation residential and commercial – net-metering, off-grid, & solar hot water
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Monadnock Food Co-op, Keene, NH
– 13,00ft community-owned grocery store opening in April – 1,000+ member-owners: strong community support
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6.5 million children) live in areas with limited access to affordable and nutritious food
increasingly suburban communities
not in densely-populated cities
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Framework: 5 Aspects of Healthy Food Access Programs
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Betsy Black, Northwest Loan and Outreach Officer
Cooperative Fund of New England betsy@coopfund.coop // www.coopfund.coop
Bonnie Hudspeth, Outreach Coordinator
Neighboring Food Co-op Association bonnie@nfca.coop // www.nfca.coop www.facebook.com/neighboring
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