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What is a Hybrid Co-op Business?

A:

A Hybrid Co-op Business (also shortened to just Co-op Business within The Transition Inter-Community Network) is traditionally a business owned by and operated for the benefit of those using its services. Profits and earnings generated by the cooperative are distributed among the members, also known as user-owners. The Transition takes this concept further by advocating and encouraging Hybrid Co-op Businesses within The Transition Inter-Community Network to do 4 things.

  1. Provide their goods and services FREE to the Contributors who founded and are a part of the business
  2. Provide their goods and services FREE to any Contributors who are part of The Transition Inter-Community Network
  3. Only sell for monetary exchange of their goods and services when it comes to doing business with the outside public
  4. Distribute all profits and earnings to the BUD or Transitional Community that operates the business and assumes responsibility for its function