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Delivered by Co-operatives UK in partnership with The Co-operative Bank
The Hive application guidance – support for existing co‑ops

Application questions – about your co-op

Organisation aims/brief description

Tell us about your co-op and how you currently trade.

  • Briefly describe the co-op – aims and purpose.
  • Tell us about your business.

Products, services & customers.

  • What are your products and services?
  • Who are your customers, users and members? Are they individuals or businesses? Try to be specific e.g. numbers, demographics, where located, what is their interest in the co-op, are they individuals, local community or businesses? 
  • How do you engage with existing customers and members (e.g. social media, surveys, events, meetings, subscribers)?
  • How do you actively demonstrate your co-operative values and principles?

If your co-op is applying for support regarding sustainability and growth.

  • What are your ambitions for the business?
  • If available, please attach a copy of your current business plan and / or strategic plan at the end of the form.
  • If available, please attach a copy of your most recent annual accounts at the end of the form. 
  • What are your likely risks, challenges and barriers?

If your co-op is applying for support regarding trading difficulties

  • Explain your current trading circumstances
  • Are you having to make a significant, rapid change to your business?
  • Are you having to adjust or ‘pivot’ the business model to respond to changing circumstances?
  • Is there a risk of insolvency?
  • If available, please attach a copy of your current business plan and / or strategic plan at the end of the form.
  • If available, please attach a copy of your most recent annual accounts at the end of the form.

Governance

How are you organised?

  • Which of your board members / management team will participate in the reviews, support?

• Who is responsible for enacting any actions that result from the support?

• Tell us about your ownership model, legal and governance structure and decision-making process.

Social and environmental impact

  • Tell us how your co-op supports, serves or benefits under-represented or hard to reach communities and demographics,  e.g. Black, Asian & minority ethnic communities (BAME), or young people.
  • What are your social or environmental aims? Tell us about how you are creating or delivering social value and impact.