10 Aug Business Plan For A Company Using Multi-Stakeholder Cooperatives Model Focus On LifeSciences & Healthcare
1) Study the Multi-Stakeholder Cooperatives manual (attached) & similar
MSC documents,
2) Create a business plan for a Multi-Stakeholder Cooperative
which focuses on LifeSciences & Healthcare,
3) Using the Cooperative structure, create a virtual company. This
virtual company will include all departments & positions. Each
department may be a university, a department in a university, or an
external company. The individual may be a Research Fellow or an
independent consultant.
4) Exit strategy & plan for individual stakeholders.
Using a disruptive Multi-Stakeholder Cooperative structure, will reduce
costs, make the development process more efficient, reward all
stakeholders fairly, whilst promoting local job creation at junior and
senior company levels.
Aim:
This business model will enhance the region’s status as an
internationally recognised hub for clinical excellence, creating the
first Unicorn Innovations Cooperative consortium.
To be self-funding. To be trusted by Funders to invest seed capital in
Cooperative. To make varying levels of profit for each stakeholder.
Pilot Products:
The first products to be developed within the MSC are
1)Topical pharmaceutical pain relief foot spray (medicine)
Business plan:
• Summary: a quick overview of company.
• Aims and objectives of the company: what does your business want to achieve?
• The proposed company members: their relevant skills and experience, contacts etc., anything which shows that you have the necessary qualifications to make the co-op work.
3 Membership Classes, to incliude:
– User – Individual or Company (Entrepreneur or SME)
– Worker – Salaried employee, non-salaried employee
– Supporter Member Classes – Investor, University
• The ownership and management of company: details about company structure, how the company will be managed, how decisions will be made and by whom, a breakdown of all the job areas and job descriptions for all the roles.
Board Members, chairman, execs as per the Solidarity Italian &
Canadian business models
• Long term plans.
• Exit strategy: how you will deal with things going wrong.
As per the Solidarity Italian & Canadian business models, How will a shareholder dispose of their shares. Ability for shareholders to transfer share equity not voting shares to other membership groups (ie investor)
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