The intention of Triple R’s New Generation Cooperative Start-up Guide and Kit is to provide an overview of what a New Generation Co-operative is and in what circumstances is it an appropriate business model.

Triple R also wanted to encourage the use of New Generation Cooperatives for community improvement projects that quite often struggle to raise the required capital.

Interest in the development of New Generation Cooperatives has grown since the Manitoba passed legislation recently that make their development easier as well as devoting resources to assist individuals and organizations to pursue this business model.

Triple R felt that to further encourage of this business model it would seek funding to develop a simplified yet comprehensive guide and resource for New Generation Cooperative start-up. Western Diversification funded the project in part through its Community Economic Development Opportunities Fund with Triple R and the Province of Manitoba supporting the project as well.

The outcome of the project are two documents available for download which provide information on a variety of topics including the key features of an NGC, the factors that make it successful, and the components of a useful business overview and feasibility study.

The Start-up Guide outlines some of the finer details such as start up difficulties, legal requirements, and taxation regulations, while the New Generation Report contains historical information on New Generation Cooperatives and a more detailed discussion of advantages and disadvantages of this business model.

For more information contact Community Futures Triple R (contact info available on the Directory Page of this website.)