A proposed member-owned cooperative in British Columbia

Buy local businesses together.

Members pool a monthly contribution, buy established local businesses and decide together. One member, one vote.

No payment is taken. Join the waitlist, membership opens soon.

How it works

Three steps to owning businesses together.

01

Join the community

Become a member-owner with one vote and a place in a cooperative of neighbours who own businesses together.

02

Contribute together

Start from $100 a month. Your contribution joins the members' pool, which buys established local businesses.

03

Own and decide

Own businesses together, vote on the decisions that matter and help the cooperative grow, one lit window at a time.

Membership

Pick what you contribute. Your vote stays the same.

Same vote in every tier
Silver Gold Diamond
Monthly contribution $100 $200 $500
Votes 1 1 1
General meetings and member updates Included Included Included
Can you change tier later? Yes Yes Yes

Tiers will set how much you contribute each month. They won't change your vote, your access or how you're treated.

How we buy

A careful process for buying good local businesses.

Five checks before any money moves. Each lit window on our street will stand for a business that passed all five. No windows are lit yet.

  1. 01Financial review

    Check the finances, taxes and quality of earnings.

  2. 02Legal review

    Verify contracts, leases and licences.

  3. 03Operational review

    Assess the people, operations and customer base.

  4. 04Risk check

    A red-flag review that can stop the deal.

  5. 05Final approval

    Sign-off by the deal lead, advisers and Compliance Officer, then the Board, and members where the rules require it.

Your money

Every dollar has a place and a record.

Follow one contribution from your account to the businesses we own together.

01

The co-op's own accounts

Your contribution goes only into approved accounts in the cooperative's name. Never a person's account.

02

Recorded to the cent

Who paid, when, how much and why. You'll see your own record any time.

03

Two people approve

Every material payment needs two approvers. Whoever asks can't approve it alone.

04

Reported to members

The Board reports regularly, and an auditor reviews the books each year.

What your record will look like.

Every payment you make shows up like this in your member account, with a reference you can quote if you ever have a question.

Monthly contribution Example
Amount$200.00 DateDec 3 FromYour account ··· 4821 ToOpenRooms co-op account ReferenceOR-000184 StatusReceived

Please read this. Contributions will be member capital. They won't be deposits, and they don't come with a guaranteed or set return. You'll be able to withdraw as the cooperative's policies allow, and repayment can be deferred or limited.

These are commitments in our draft By-Laws and policies, which may change before membership opens.

Questions people ask

Is this an investment?

It's membership in a cooperative. You contribute capital the members use together to buy and run businesses. There's no promised return, no set rate and no date when you get money back.

Can I get my money back?

You'll be able to ask to withdraw. Repayment won't be on demand: the cooperative may defer, limit or decline it to stay solvent and keep its reserves, and anything you owe the co-op will be settled first.

Does a higher tier get more say?

No. Every member will have one vote. Founding members won't get extra votes either.

Who runs the cooperative?

A Board of five directors elected by members. The Board will set budgets, approval limits and policies, and name officers, including a Treasurer and a Compliance Officer.

What happens when I join the waitlist?

We save your details and email you when membership opens. Nothing is charged and you aren't a member yet. You'll read and sign the full agreements before you join.

Your room is waiting.

Membership opens soon. Join the waitlist and we'll tell you first.

Join the waitlist