Cooperative Development Center of New Mexico

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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

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

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