The City of Minneapolis is launching a free technical assistance program for budding co-op founders, starting with a two-hour presentation on April 20th.
Dubbed
C-TAP (Cooperative Technical Assistance Program), the initiative is an outgrowth of the city’s successful
B-TAP (Business Technical Assistance Program) for aspiring small and midsize business owners. Like B-TAP, C-TAP is an immersive program designed to support co-op founders and supporters from ideation through opening—and, in some cases, beyond.
According to the City of Minneapolis, C-TAP will unfold over three years, in three steps.
Step one, happening this year, focuses on “co-op readiness planning” for “groups that are thinking of forming a Co-op…to get a clear picture of the legal, operational and organizational requirements.” It’s basically a crash course in what it means to start a co-op.
Step two, set for next year, will focus on “board member and organizational design.” That means training prospective board members in the basics (and nuances) of co-op governance, as well as “one-on-one technical assistance” for select co-ops that require guidance designing their organizational structures. Step two is available to not-yet-open co-ops and existing co-ops that want or need outside assistance.
Step three, set for 2018, will revolve around “sustainability [and] profitability.” In other words, setting and keeping newly opened co-ops on the path to stable, long-term profitability and prosperity.
C-TAP’s kickoff event, a two-hour presentation dubbed “The State of Co-ops in Minneapolis,” is scheduled for April 20, 5:30-7:30 p.m., at Open Book in
Downtown East. The presentation will discuss the city’s current “co-op inventory” and the industries supported by Minneapolis co-ops, introduce and explain C-TAP, and discuss next steps for co-op founders and principals interested in participating.
On May 11, Step one officially gets underway with an eight-week “
co-op feasibility” course. Held at the City of Minneapolis Innovation Center in the Crown Roller Mill Building near City Hall, the course’s eight sessions will cover the basics of the co-op development process, co-op business plans, finances, cooperative governance, legalities and other topics. Registration is free and open to the public, but prospective co-op groups need to have at least two participants and have selected a product or service to offer prior to signing up.
The City of Minneapolis is no stranger to co-op support. According to city government, Minneapolis has plowed some $3.5 million into local co-ops through existing development and support initiatives, and has an additional $850,000 outstanding in loans to three in-development co-ops—including
Wirth Cooperative Grocery, a first-of-its-kind grocery co-op in the city’s underserved Northside, slated to open later this year.