2024 Repaired Nations’ Seed Commons Funding Germinator

Repaired Nations will be selecting 3-5 cooperatives / collectives for a 3 month germinator program to get you investment ready for the Seed Commons Revolving Loan Fund. We’ll work with you to understand & complete a Business Model Canvas; Actual & Projected Pro Forma; Break Even Analysis; Investment Plan; Intake & Relationship-Building.

Required

Existing cooperative or collective operating in or around East Oakland
California Cooperative Corporation, LLC operating cooperatively, or democratically controlled non-profit with a defined business project
3 members or candidate members

Desired

Existing Bookkeeping Infrastructure
2-3 years of financials
Has Bylaws and Operating Procedures

Seed Commons is a national network of locally-rooted, non-extractive loan funds that brings the power of big finance under community control. By taking guidance from the grassroots and sharing capital and resources to support local cooperative businesses, we are building the infrastructure necessary for a truly just, democratic and sustainable new economy. Learn more on their site.

Learn About Seed Commons’ Non-Extractive Finance

Apply by March 15th !

Flow of the 2024 Germinator

The 2024 Germinator Program will accompany 3-5 cooperatives / collectives through the key components needed to submit a request for Seed Commons support through Repaired Nations.

Participants will meet one hour weekly as a group; send one or more reps to a one hour weekly work session for support from the Project Steward; and spend a few hours weekly on assignments.

Apply by March 15th !

During Week One, Repaired Nations will overview the Germinator & how Seed Commons Investment Works. We will set expectations & Community Agreements as well as do a bit of relationship building amongst the participants. We will end by ensuring all participants book recurring weekly support sessions with the Project Steward.
Week 2: Business Model Canvas = Value Propositions, Customer Segments, Customer Relationships
Week 3: Business Model Canvas = Channels, Key Activities, Key Relationships
Week 4: Business Model Canvas = Key Partners, Cost Structure, Revenue
Week 5: Actual Pro Forma / Income & Expenses
Week 6: Projected Pro Forma / Income & Expenses
Week 7: Pro Forma Finalization & Break Even Analysis Introduction
Week 7: Pro Forma Finalization & Break Even Analysis Introduction
Week 8: Break Even Analysis Costs of Goods Sold
Week 9: Break Even Analysis Finalization
Week 10: Investment Plan & Seed Commons Proposal pt 1
Week 11: Investment Plan & Seed Commons Proposal pt 2
Week 12: Program Wrap Up = Celebration, Share Outs, Closing Survey & Next Steps