Planning or Business Committee: The Planning Committee conducts the feasibility study, researches locations, handles real estate negotiations, coordinates operational planning (capital budget – research equipment, local regulations, suppliers, etc.) coordinates preparation of the business plan and presents it to Steering Committee. Explore options for financing and pursue initial inquiries with financing agencies. With the assistance of member surveys, this committee makes recommendations for membership structure, determines the co-op’s feasibility, financial projections, explore options for financing and pursue initial inquiries with financial agencies and grant opportunities.
Business Committee Post Operational: Reconvenes to assist in overarching operational and strategic projects, such as development and expansion.