
OurCoop has backed 36 new member-owned businesses in the UK since 2022 through local partnerships, creating 120 jobs and attracting £1.2 million in investment.
Since 2022, OurCoop has helped launch 36 new member-owned businesses across the UK, the cooperative development organisation said Wednesday. The businesses span retail, housing, energy, and community services, and were supported through partnerships with local development agencies, local authorities, and existing co-ops.
OurCoop said the pace of development accelerated in the past 12 months, with 18 of the 36 co-ops incorporated since early 2024. The organisation attributed the increase to a dedicated fund for early-stage co-op development and a matchmaking programme linking new groups with established co-ops for mentorship and shared procurement.
The new co-ops include a community-run grocery in Leicestershire, a renewable energy collective in Cornwall, and a worker-owned bakery in Glasgow. OurCoop said each received technical assistance on legal structure, governance, and business planning, as well as grants of £5,000 to £20,000 from the fund.
OurCoop, which itself is a co-operative owned by its member businesses, said the 36 new co-ops have created roughly 120 full-time equivalent jobs and attracted £1.2 million in additional investment from local lenders and community share offers. The organisation plans to support another 30 co-ops by the end of 2026, it said, with a focus on rural areas and underserved towns.
A typical co-op takes 12 to 18 months from first contact to launch, OurCoop said. The sticking points are usually financing, finding suitable premises, and building a member base. The development partnerships aim to shorten that timeline by offering shared back-office services and legal templates.
OurCoop said the new co-ops have an average of 45 members each, though the range is wide. The Cornish energy collective has more than 200 member households, while the Glasgow bakery started with eight worker-owners. The organisation said it does not track co-op survival rates beyond two years but noted that most of the 2022 vintage are still trading.
Scotland accounted for the biggest share of the 36, with 12 new co-ops, followed by the South West of England with eight. London saw just two, reflecting high property costs that make retail and workshop co-ops harder to finance, OurCoop said.
The development work is funded partly by a grant from the UK government's Community Ownership Fund and partly by reinvested surplus from OurCoop's own trading operations. The organisation said it spent roughly £800,000 on development activity over the three-year period.
OurCoop said the 36 co-ops will generate an estimated £3.5 million in combined annual turnover once they reach steady state, which the group expects by late 2026.
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