Figure out how to make your business idea a reality.
| You will need to... | CDI can provide... | By the end of this phase... |
| Set up your Founding Board, incorporate your cooperative, and adopt Bylaws that describe how you will work together. |
Trainings for your founding board; Help creating your legal documents and hiring a lawyer to review them; Lessons learned from other projects and sample board policies and legal documents. |
A legally incorporated cooperative with a seated board. |
| You will need to... | CDI can provide... | By the end of this phase... |
|
Create a Business Plan and Marketing Plan that describes how you will launch your business, what it will cost, and where you ll get the money. Raise money (equity) from members and get a loan to launch your business. |
Help creating your Business Plan and Marketing Plan or hiring and managing a consultant to assist you; Lessons learned from other projects and sample business plans. |
A Business Plan and Marketing Plan showing how the cooperative
will be launched. |
| You will need to... | CDI can provide... | By the end of this phase... |
|
Recruit members for your cooperative. |
Help with outreach to potential members. |
Enough members and money to launch your cooperative. |
| You will need to... | CDI can provide... | By the end of this phase... |
|
Secure development funds for Stages Two and Three. |
Help to identify sources and raise funds. |
Funds raised to cover the cost of development for Stage Two: $10,000 - $30,000 |