Start.coop (a Fledge accelerator) provides strategic tools, knowledge and investment that empowers entrepreneurs in building transformative, scaleable, cooperatively owned businesses. We measure our work through both our economic impact and our societal impact
We invite 4-6 companies to attend an intense, hybrid in-person and online, 10 week program. in Boston, Massachusetts.
Start.coop is the first co-op accelerator in the world, created by a team with experience launching thriving co-ops. We think that knowledge can be shared, taught, and from it the process of concept to co-op sped up dramatically.
How Start.coop Helps
Week after week, we push you to make your co-op better, iterating your governance structure, business plan, marketing plan, membership plan, story, etc. Some weeks we meet in person, mostly we meet online.
We use a unique blend of co-op knowledge, tech start-up experience and the same MBA-level curriculum as the Fledge startup accelerator. Our cohort based approach helps co-ops save time and grow faster.
Ranging from human resources, member management software, marketing platforms, rebate tracking, accounting, and cloud services, our proven shared services and tools allow individual co-ops to benefit from the power of cooperation.
We believe enough in each participant that we hand them $10,000. In addition, we provide strategy on how to best use shareholder fundraising, co-op loan programs, social impact investors, and traditional investors.
Our Co-operative model
In exchange for $10,000, the accelerator program, and all the follow-up support, you agree to share a small amount of future revenue back to Start.coop so that we can fund our work with other co-ops. This model, called revenue based financing, is a non-extractive investment model, and it has been proven out by dozens of start-ups in the Fledge accelerator network. In line with our cooperative model, all Start.coop participants owners benefit from:
- Patronage dividends (profit sharing)
- Voting rights
- Board representation
What We are looking for
As we work cooperatively to build a more just economy for all people, we are seeking a diverse cohort representing women, family businesses, veterans, minorities, immigrants and LGBTQ people. The Start.coop planning team will select our 2018 class using the following criteria.
- Social impact (inclusive of race, ethnicity, gender, and socioeconomic)
- Financial viability
- Industry expertise
- Ability to execute
- Passion & entrepreneurial spirit
- Start.coop website