What is MyceliaAk?
MyceliaAk is a project specifically designed to help create worker and employee owned cooperatives in Alaska.
What we do.
MyceliaAk is a local project to help communities create worker owned enterprises. We will work with our clients on conversions and new startups. If you want to learn more about this project or want to create or become a member of a worker owned cooperative in Alaska, please contact us.
What is a employee-owned cooperative?
Cooperatives, also known as worker or employee-owned cooperatives and solidarity models, are a known and tested business model that allows worker-owners to participate in the profits of their labor.
Can cooperatives be nonprofits?
Yes, Cooperatives can be nonprofits
What happens to the community of investors?
When seeded with capital from the community, investors may choose to stay or exit the cooperative. If the community investor leaves the cooperative, they sell their shares to the employees - providing the employees with a pathway for individual workers to build equity ownership in the business. This community wealth, created through equity ownership, continues to provide the capital for growth and investments for the employees.
How are employee-owned cooperatives created?
A cooperative may be created as a startup with seed capital from a community of local investors or the employees themselves. In both cases, the local investors and the employees own the cooperative.
Cooperatives may also be created through conversion of an existing business. Conversion happens when business owners exit for retirement or other personal reasons.
Do the employees help manage the cooperative?
The employees are trained to operate and manage the business as well as share the profits the cooperative earns.
Want to learn more about employee-owned cooperatives?
If you would like to know more about cooperatives, please contact us
Are employee-owned cooperatives common?
Worker cooperatives are becoming more common elsewhere in the country and around the world. In addition to cooperative startups today, we see retiring business owners increasingly using employee-ownership model to transition out. This sustains the businesses local communities depend on.
Why are employee-owned cooperatives unique?
Cooperation and collaboration over competition leverages strengths of a collective to sustain a business in the long-term. Democratic management, collective ownership, and employee profit sharing creates community wealth. Research shows that cooperatives have been exceptionally resilient even through the economic recession of 2008.
Who are employee-owned cooperatives for?
Cooperatives are for nonprofits and aspiring entrepreneurs that seek to leverage their business acumen, energy, and ideas to solve problems in the community. Cooperative entrepreneurs desire to create sustainable businesses that promotes prosperity for themselves, their employees, and their community. Nonprofit cooperatives are often committed to employee wellbeing, environment, and the communities in which they live.
The MyceliaAk Story
This project was born out of a need to create change. COVID has brought to the surface income and wealth inequalities caused by the winners-take-all economic system we live in. We can change that by creating and sustaining businesses that meet the basic needs of the communities while creating prosperity for everyone.
What's in the name?
Mycelium or mycelia is part of a fungi, an underground network of weblike structure that helps break down food sources to nourish plants. Commonly found in heavily wooded areas they grow dense networks of
long microscopic fibers underground acting like a superhighway system to communicate with roots of the plants. Mycelia is a critical part of their ecosystem and play a part in the natural process of transformation, renewal, and regeneration of plant life.
MyceliaAK is about interdependence and symbiotic relationships. It is about people helping people nurturing and raising each other.
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