057. Platform Co-ops: The Alternative Way to Fund your Tech Startup

When it comes to business financing there are several options available to founders. One trend which is gathering momentum is platform cooperatives. But, what are they and what types of businesses are suited to this type of model?

A platform co-op is a digital platform designed to provide a service or sell a product - that is collectively owned and governed by the people who depend on and participate in it.

To explain more about how the model works, what types of businesses can explore this type of funding and the benefits of a cooperative model Trish is joined by James de le Vingne, senior projects manager at Co-operatives UK and Emma Back, co-founder of Equal Care co-op, which to date has raised £410,000.

Key Questions:

- What are platform co-ops?
- What types of businesses are suited to a platform co-op model?
- What does shared ownership mean? How does it work?
- The advice for founders looking to invest in the co-op model
- What are the fundamentals for a co-founding team?

If you'd like more information visit:
www.uk.coop
www.unfound.coop
www.equalcare.coop
www.uk.coop/resources/platform-…g-capital-conundrum
platform.coop/

Host: Patricia Keating
Guests: James de le Vingne, senior projects manager Co-operatives UK and Emma Back founder Equal Care Co-op
 Listening Time: 40 mins
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