This is our time.
We are awesome and we are in beta.
As you may already know since some months we are thinking about how we could have a legal form in order to run in a better way our economic activity.
For economical activities so far we used the non-profit legal form we already have in Paris (France) and Valencia (Spain), but it’s quite clear that we can’t keep going like that.
A possible way we took into account as a legal form is one or more cooperatives.
From Madrid and Valencia we started to get informed about how work cooperatives. We can say that we are really interested and almost convinced about the idea to create one or more cooperatives. However, we also realized that there’s a lot of things to take into account about our governance, in order to set up properly the cooperative.
For instance, we have to think about the percentage that we will give to CivicWise Global and CivicWise local circles. A cooperative as a legal form has as well some important expenses like an accountant or taxes. We should also think about social care etc…
How we share the money related to any each project? Should any project related to a specific circle? … or maybe a Lab? How do we decide how to spend the global money?
During the last “legal session” in HO we were discussing those things and we started to think that maybe would be useful to be a little bit more prudent. So instead of start right way a cooperative we could start a simulation period.
We could have an experimental period while we will work as a cooperative, sharing economic information and take decisions as we were a real cooperative but without creating a real one.
The idea is to start this trial period during the Glocal Camp and finish it for the next one (February or March 2018). So we can have at least 6 months to improve our economic governance before to start a real legal form.
What do you think about it?
BTW: something I think is really important
1 Thinking about it don’t forget that we are a network, so each territory must decide the legal form based on its context and its context
2 Any legal form should be understood as a tool not as a direct legal identification with CivicWise. What I mean is that the cooperative we will create in not CivicWise but a tool create by CivicWise people that will improve CivicWise activity and projects.