Cooperative Development Center of

New Mexico

 

The Cooperative Development Center of New Mexico (CODECE) works to create healthy Indigenous and Mexicano and Chicano communities through economic development cooperatives. We work closely with communities to form successful business cooperatives that provide long-term economic security and increase quality of life. 

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How We Work

  • Must have high impact
  • Must have low cost
  • Must be achievable within a reasonable time frame
  • Must be achievable using existing resources and capacities
  • Must be measurable
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Our process to build successful cooperatives

  • We build long-term relationships with communities interested in creating viable cooperative businesses
  • In partnership, we define business opportunities in local communities
  • We conduct feasibility studies to learn if the business model is viable in a particular area, including markets, customer base, long-term economic trends, human capital, local resources analyses, etc.
  • If the feasibility studies indicate a business cooperative model can be successful in a particular area, we then conduct in-depth market research to define local and regional markets for proposed products
  • In partnership, we help form cooperatives and provide technical assistance in financial management and product development
  • We partner closely with emerging cooperatives to ensure their success and viability
  • We help emerging cooperatives to bootstrap their operations
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Why we create businesses using a cooperative business model:

  • Working collaboratively has been a centuries-old tradition among Indigenous, Nuevo Mexicano and Mexicano and Chicano  communities
  • Cooperative models have a greater chance of start-up success compared to individually-owned businesses
  • Cooperative members can provide the necessary skills and manpower to launch and maintain a new business, especially in rural areas
  • Cooperatives foster deeper community ties and a cooperative’s collective vision can foster even more community improvements and new business ideas
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