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We’re not just looking for any business venture, we’re looking to disrupt markets with innovative Digital business models, where our co-operative difference adds real value.
Of course, Co-op’s no stranger to innovation. From our founding in 1844 as grocery alternative to rip-off merchants and adulterated food to pioneering Fairtrade with the UK’s first Fairtrade bananas we’ve been at the forefront.
Now’s the time to enter new markets.
The new markets we’re exploring
Our world is faced with unprecedented challenges. But, with challenge, comes a need and an opportunity to serve it. People are living longer and with ever-complex health needs, young people are facing financial pressures their parents did not. We can see markets that are failing or broken in these areas and more.
The markets we’re exploring are:
- Health and wellbeing (all aspects of personal health and the health of families and communities)
- New economies (ecommerce businesses and the emerging shared economy)
- Financial wellbeing (life planning and later-life planning)
In these three areas we have big ideas, but we have to start small.
We’re focused on delivering for Co-op Members
Our ventures won’t be using ‘bricks and mortar’ on the high street, we’ll be launching Digital businesses. These will will be quick to develop and meet people’s needs fast. Crucially, we’re considering how to make a co-operative intervention in the markets we enter, for the benefit of our members and the wider community.
Innovation at our Co-op
Alongside our colleagues in the Digital team, we’re based in The Federation. The Federation is a community of Digital businesses and innovators built on co-operative values in Manchester. Stay updated on all venturing and innovation at Co-op:
Director of Ventures