Briefing:So you want to start a Co-op? From: Emma Hoddinott For attention of: Council Candidates, Labour & Co-operative Councillors Published: 6th December 2018 Last updated: 6th December 2018 Printed: 22nd November 2024 Other formats: Print Whether you or someone in your community are thinking of starting a co-op, there is plenty of help and support out there to help you put together your plans. If you have the thought that a co-op might be the way forward, then we’ve put together the resources and support that’s around to help you think through that process. You could be looking to set up a community pub or provide food in the community; addresses issues in social and childcare, or even, like Witney, setting up your own bus company! The Hive The Hive is a support programme for co-ops. It’s for any group wanting to start a co‑operative or existing co‑ops looking to strengthen or grow. Support includes : online resources and guides which talk you through what a co-operative is and whether it is right for you apply to attend workshops, bespoke advice or for a mentor the legal process of setting up a co-op how to convert a non co-operative business into one that is. Find out about the full offer here Co-op Development Agencies Some areas of the country still have co-operative development agencies that provide local support to the co-operative and social enterprise sector. These include places like Greenwich, Leicester, Tower Hamlets, Southampton and Lincolnshire amongst others. In Wales, there is the Wales Co-operative Centre which provides support. Find a list of local agencies here Plunkett Foundation The foundation provides support to rural communities to set up co-operatives. It has specific resources for community pubs and shops and has government funding support for co-op pubs. View the resources and e-guides here Local Councils The Co-operative Council Innovation Network offers its members access to a consultancy framework to bring in resources and expert advice to help local authorities with co-operative development. Find out more here Co-op Loan Fund The movement can offer loans to help your Co-op start or grow. The Co-op Loan Fund has a unique understanding of co-operatives, can offer unsecured loans with no personal guarantees, no set lending terms (flexible between 1-20 years), loans between £10,000 and £85,000, interest charged on reducing balance and they offer ongoing support throughout the term of the loan. Find out more here Action Points Read about the support available and make contact with organisations that can help you develop your plans. For more information Local Government Officer Emma Hoddinott