LEVERAGING THE UNIQUE CHARACTERISTICS OF THE COOPERATIVE MODEL: TRUST, ECOMOMIC VALUE, SHARED PROFITS, AND ALIGNING NEEDS.
The cooperative structure is best suited to meet the complex and dynamic challenges facing our communities and businesses. Cooperatives have been used throughout history to confront some of society’s greatest challenges. Today is time for a new cooperative – Innovation Pointe Cooperative, a platform built on cooperative principles to confront today’s digital challenges and re-ignite the spirit of cooperation that can create new solutions and new opportunities for communities and organizations.
“The best lens through which to view disruption is business models. Many of today’s biggest disrupters are not introducing a new fundamental technology to the market. Instead they are applying established technology to the design of a new business model.” – The Digital Transformation Playbook
Cooperative Business Structure
The Innovation Pointe Cooperative structure is based on a Limited Cooperative Association. This structure creates synergies among key stakeholders and enables joint investments in critical digital technologies and infrastructure harnessing the convergence of technologies, creating greater efficiencies and higher return on investment.
Innovative Financing Mechanisms
The Cooperative structure also includes access to a 501(c)3 foundation. The foundation will enable organizations to pursue any and all opportunities to meet community needs. Innovation Pointe Cooperative is also working with financing institutions to build a network of financial tools and methods for meeting the capital needs that empower our communities.
Innovation Pointe Tech Center
The exponential growth of digital technology is creating new challenges to access required skills needed to support investments. A 20,000 sq. ft. technology center has been created and can be accessed virtually. This technology center will allow all Innovation Pointe Cooperatives instant access to the latest technologies for the training needed to accelerate digital transformation.
Digital Research - National Research Consortium
The National Research Consortium has been developed to support and leverage investments. Innovation Pointe is working with universities nationwide to develop partnerships in research. A laboratory has been developed at Innovation Pointe Campus for research of new technologies and the impact on communities and organizations. To learn more about this laboratory www.nrc.coop.
New Alliances and Ecosystem
Innovation Pointe Cooperative represents a national network of next generation organizations. Key to the development of an ecosystem is a social networking application that makes connections and enables organizations, communities and individuals to share experiences, share information, create collective intelligence, and be involved in meaningful engagement. Innovation Pointe has created an online tool called LincPointe that captures and harnesses this opportunity.