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Money Talks #8: Platform Coop Funding Strategies
January 29 @ 18:30 - 21:00
In this upcoming Money Talk we will investigate available funding sources for Platform Coops – in Europe and beyond. SUPERMARKT co-founder Ela Kagel will present the results of a research across different cultures and countries.
*What is a platform coop?*
Platform cooperatives are businesses that use a website, mobile app, or protocol to sell goods or services. They rely on democratic decision-making and shared ownership of the platform by workers and users. For more infos check the international platform coop consortium website.
*Why do we need to talk about platform coop funding?*
At least in Germany, there are quite limited funding sources for cooperatives. In principle, a German cooperative is financed by its member’s shares. However, the actual funding ability of the members does often not meet ambitious business goals or investment requirements of cooperative start-ups. So the question is: how to access external capital or additional member capital while sticking to the cooperative’s principles?
In other European countries, coop grants and alternative funding structures are slowly emerging. In this workshop we want to explore the most promising international funding sources and how to best tackle business models and finance plan in order to secure funds for different sorts of cooperative endeavours.
Language: English and German. We’ll do our best to juggle both languages.
Admission is free of charge.
Booking is essential.
Please sign up here: email@example.com