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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.

Published in: Food
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Dot community cofood_04.08.16

  1. 1. Feb. 1, 2016 Food Ekosystem Dinner
  2. 2. CoFood A local food ekosystem
  3. 3. A ‘Community of Projects’: an ekosystem A community of projects sharing: An overarching goal, vision or story Shared space (physical or virtual) Common Infrastructure and Processes  Technology platform  Events, gatherings Work towards collective resourcing An organization… a Community… a Movement!
  4. 4. Why form ekosystems? Systemic Issues Need System-Level Solutions … you can’t do it alone! Minimize Redundancies, duplicated efforts and wasted resources  Build community and make friends Increase Collective Impact  Shifting Consciousness Towards the Collective  Change the Resource Allocation Paradigm  Solve the Early Stage Social Impact Funding Bottleneck  Shift from culture of competition to cooperation
  5. 5. Ekosystems are diverse…
  6. 6. Ekosystem Structure: food system lens
  7. 7. Ekosystem Structure: finance lens Finance the Entire Ekosystem
  8. 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
  9. 9. Exploring Ekosystem Technology Platform…
  10. 10. The ‘Food Ekosystem’ What we are up to!
  11. 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. 12. Multi-stakeholder Cooperative A potential structure for coFood
  13. 13. What is a Co-Operative? Purpose of Co-Operative: owned and operated by members to serve the members. Co-Operative: one member … one vote at AGM Examples: producer and consumer co-operatives Financial Investors: don’t have control Investment Shares: non – voting Board of Directors (primary operational responsibility): no more than 20% investors Rights and Obligations: of membership need to be defined
  14. 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. 15. Evolving the Multi Stakeholder Co-Operative Model…  Traditional Co-Operatives, including multi-stakeholder co-operatives are created by members to serve the members  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 structure…. Corporations, societies, co- operatives…. And now ekosystems!
  16. 16. Potential Membership Classes: financial classification  Late Stage: Mature, financially profitable organizations that are financeable alone  Mid Stage: Revenue generating, post proof of concept, still evolving business model and therefore having difficulties sourcing profit motivated investment capital  Germination Stage: Pre Proof of concept, early stage projects, some of which have modest (or no) long term objectives of making money
  17. 17. Potential Membership Classes: food system  Farmers/Growers  Urban Farmers  Wholesalers and Distributors  Transport and logistics  Retail (restaurants, grocers etc)  Composting
  18. 18. Determining Membership Classes  Keep it simple  What tensions are inherent in the system? A simple example… two membership classes  Producers  Consumers  Germination Stage Projects
  19. 19. The coFood Value Proposition  Access to Food Hub and Convergence Space  Deepened relationships with other food projects  Discounted access to events, workshops etc  Access to Technology Platform  Discounted access to aggregated services  information management, such as accounting and payroll  insurance, such as extended health and liability insurance  Staff recruitment and other human resources support  legal assistance  advocacy  professional development and training  bulk purchasing discounts
  20. 20. coFood Business Model  Memberships  Financial Benefits from Tech Supply/Demand Aggregation platform
  21. 21. Investing in Co-Ops  Investment shares are non-voting  Financial profit is paid on a patronage basis… based on business done within the co-op  Equity generally redeemable at par value, so no significant capital appreciation  Debt financing possible
  22. 22. Next Steps  Develop phase I strategic plan and budget that speaks to Vancity’s three priorities  Co-operative principles and practices  Environmental sustainability  Social justice and financial inclusion  Explore Vancouver Foundation Field of Interest Grant

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