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UVICES hosts a Cooperative Business Model Training 101

The University of the Virgin Island Cooperative Extension Service (UVICES) will be hosting a Cooperative Business Model Training 101 on Tuesday, March 27th and Wednesday, March 28th 2017 on St. Croix in the Great Hall at the University of the Virgin Islands’ Albert A. Sheen Campus.  The training will also be offered on St. Thomas, on Thursday March 29th and Friday, March 30th, 2017 in the Administration and Conference Center (ACC) at the University of the Virgin Islands Campus. The first day of each training will start at 8:30 a.m. and end at 5:30 p.m. The second day will start at 8:30 a.m. and end at 12 p.m.

This training is designed to increase awareness of the potential effectiveness of the cooperative business model in the Virgin Islands. Information will also be disseminated about best practices for producers and consumers regarding the establishment and management of cooperatives. The visiting facilitators are representatives of the Federation of Southern Cooperatives, an organization which is presently celebrating 50 years of successful existence.

In a constantly changing world marked by a fragile global economy, the cooperative business model is more relevant than ever, and it helps promote responsible economic growth. With its flexibility, resilience, and focus on putting human capital before financial capital, the co-operative model generates tangible social, economic, and environmental benefits. Co-operatives are organized to address the common needs of a group of people while demonstrating concern for the community in general. 

Cooperatives are autonomous, self-help organizations controlled by their members. Cooperatives are democratic organizations controlled by their members who actively participate in setting policies and making decisions. Cooperatives work toward the sustainable development of their communities by strengthening local economies, promoting local pride and and autonomy, and improving the social well being of the communities they serve.

Members of the media are invited to cover and photograph. For more information on the training call (340) 693-1083 or send an email to louis.petersen@uvi.edu.