Dot community cofood_04.08.16
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A description of the structure and the processes of a community of projects in the Food System. We explored the creation of a co-working space to house some of the projects.
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Dot community cofood_04.08.16
- 1. Feb. 1, 2016 Food Ekosystem Dinner
- 2. CoFood A local food ekosystem
- 3. A โCommunity of Projectsโ: an ekosystem A community of projects sharing: ๏ตAn overarching goal, vision or story ๏ตShared space (physical or virtual) ๏ตCommon Infrastructure and Processes ๏ต Technology platform ๏ต Events, gatherings ๏ตWork towards collective resourcing An organizationโฆ a Communityโฆ a Movement!
- 4. Why form ekosystems? ๏ตSystemic Issues Need System-Level Solutions โฆ you canโt do it alone! ๏ตMinimize Redundancies, duplicated efforts and wasted resourcesย ๏ตBuild community and make friends ๏ตIncrease Collective Impactย ๏ตShifting Consciousness Towards the Collectiveย ๏ตChange the Resource Allocation Paradigm ๏ต Solveย the Early Stage Social Impact Funding Bottleneck ๏ต Shift from culture of competition to cooperation
- 6. Ekosystem Structure: food system lens
- 7. Ekosystem Structure: finance lens Finance the Entire Ekosystem
- 8. Wider community Ekosystems: the space (the Hub) is the focus In Same Co-Location Space Unification and Convergence are served by being in the same physical location The Water cooler effect! Ekosystem extends into the wider community
- 10. The โFood Ekosystemโ What we are up to!
- 11. Our Ekosystem (currently) PROJECT DESCRIPTION Project 4/Out of the Box Urban Farming/Community Food Hub .commUNITY Ekosystem growers Food Connection Food community/education Urban Stream Innovator in urban composting Victory Gardens Help people grow food Vania Ling Food events and blog You?
- 12. Multi-stakeholder Cooperative A potential structure for coFood
- 13. What is a Co-Operative? Purpose of Co-Operative: owned and operated by members to serve the members. Co-Operative: one member โฆ one vote at AGM ๏ตExamples: producer and consumer co-operatives Financial Investors: donโt have control Investment Shares: non โ voting Board of Directors (primary operational responsibility): no more than 20% investors Rights and Obligations: of membership need to be defined
- 14. What is a Multi-Stakeholder Co-Operative? Purpose: to contain a number of different stakeholders that are a part of an entire System Different Membership Classes: Farmers, distributors, grocers/retail, restaurants, composters, urban agriculture/technology etc Challenges: balancing the range of different interests Opportunity: create a structure that establishes a framework that supports the economic and social interests of constituents in the system to support their effort to work in service of the greater good!
- 15. Evolving the Multi Stakeholder Co-Operative Modelโฆ ๏ต Traditional Co-Operatives, including multi-stakeholder co-operatives are created by members to serve the members ๏ต The evolution of the co-operative model will be created by members to serve the members as well as the Commons! This structure when formalized will be christened an ekosystem! So you can understand an ekosystem as an evolution in organizational structureโฆ. Corporations, societies, co- operativesโฆ. And now ekosystems!
- 16. Potential Membership Classes: financial classification ๏ต Late Stage: Mature, financially profitable organizations that are financeable alone ๏ต Mid Stage: Revenue generating, post proof of concept, still evolving business model and therefore having difficulties sourcing profit motivated investment capital ๏ต Germination Stage: Pre Proof of concept, early stage projects, some of which have modest (or no) long term objectives of making money
- 17. Potential Membership Classes: food system ๏ต Farmers/Growers ๏ต Urban Farmers ๏ต Wholesalers and Distributors ๏ต Transport and logistics ๏ต Retail (restaurants, grocers etc) ๏ต Composting
- 18. Determining Membership Classes ๏ต Keep it simple ๏ต What tensions are inherent in the system? A simple exampleโฆ two membership classes ๏ต Producers ๏ต Consumers ๏ต Germination Stage Projects
- 19. The coFood Value Proposition ๏ต Access to Food Hub and Convergence Space ๏ต Deepened relationships with other food projects ๏ต Discounted access to events, workshops etc ๏ต Access to Technology Platform ๏ต Discounted access to aggregated services ๏ต information management, such as accounting and payroll ๏ต insurance, such as extended health and liability insurance ๏ต Staff recruitment and other human resources support ๏ต legal assistance ๏ต advocacy ๏ต professional development and training ๏ต bulk purchasing discounts
- 20. coFood Business Model ๏ต Memberships ๏ต Financial Benefits from Tech Supply/Demand Aggregation platform
- 21. Investing in Co-Ops ๏ต Investment shares are non-voting ๏ต Financial profit is paid on a patronage basisโฆ based on business done within the co-op ๏ต Equity generally redeemable at par value, so no significant capital appreciation ๏ต Debt financing possible
- 22. Next Steps ๏ต Develop phase I strategic plan and budget that speaks to Vancityโs three priorities ๏ต Co-operative principles and practices ๏ต Environmental sustainability ๏ต Social justice and financial inclusion ๏ต Explore Vancouver Foundation Field of Interest Grant
Editor's Notes
- Take a look around the room at all the people and projectsโฆ of varying stages of developmentโฆ. Different structures. We are all a communityโฆ the BIL Community! I am sure you have met a few people you are aligned withโฆ Two Points Unity in Difference Lack of Resources for early stage projects
- A late stage, financial stable anchor tenant secures the space and provides for continuity of goals and vision. They attract mid and early stage social ventures that donโt have the capital to join a space, or have some other contribution other than capital. Because thereโs a unity of vision or a unity of purpose, trust is easy to build, cooperation is a natural outcome. Taking the internal project flows and making the barriers between projects permeable. A balance between autonomy and cooperation.