A Co-operative Incubator in Newfoundland and Labrador: A Feasibility Study

The province of Newfoundland and Labrador is currently experiencing a financial crisis. Along with other initiatives to help grow and strengthen the economy, the province has three business incubators to help young companies grow and be successful. However, the incubators are not specifically focused on business co-operatives. Globally, co-operatives have been very powerful economic drivers of a region, while creating enormous social impact and equity, especially in economically challenged areas. Research shows that incubators and their strategies need to be tailored to local conditions for success. In Newfoundland and Labrador, a customized co-operative incubator could be one prong in a multi-prong approach to strengthening the economy of the province. Therefore, the purpose of the proposed research is to conduct a feasibility study for the development of a co-operative incubator in Newfoundland and Labrador.

Faculty Supervisor:

John Schouten

Student:

Partner:

Newfoundland and Labrador Federation of Co-operatives

Discipline:

Business

Sector:

Other services (except public administration)

University:

Memorial University of Newfoundland

Program: