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.