Join as a Co-op
Any cooperative can become a member of Northcountry Cooperative Development Fund. Members are able to borrow from NCDF and invest in other cooperatives through an investment in NCDF. Currently, NCDF has over 170 co-op members, including consumer, producer, housing, and worker cooperatives.
To become a member, a co-op must purchase equity shares in NCDF. The buy-in amount is determined by the business's assets (see table below) or, in the case of housing cooperatives, by the number of units.
up to $50,000 |
up to $100,000 |
up to $200,000 |
up to $500,000 |
up to $1,000,000 |
over $1,000,000 |
$150 |
$300 |
$600 |
$1,000 |
$2,000 |
$3,000 |
Housing Cooperatives
The base equity amount is $10 per unit, with a minimum $150 and maximum of $3,000.
Cooperative Member Application .
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Join as an Individual
Individuals can become
a member of NCDF by purchasing a $100 equity share in the Fund. Individual Application
Individual members can "invest in cooperation" by investing in NCDF.
Individuals members can borrow from the Fund in order to finance the purchase of a
share in a cooperative, such as a housing or producer cooperative.
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