Startup Plan

Below outlines and tracks the key steps in the formation of The Collective:

• [ ] Steering Committee Recruit 10 individuals considered industry leaders to form a Steering committee.
• Call to Action We will be reaching out to industry members to seek commitments for membership. The target is 100 members who are willing to make a soft commitment of $1000 USD for the first round.
• Memorandum of Association The Founding Committee will draft a Memorandum of Association this will outline the key operating principles of the organization.
• Founding General Meeting Hybrid meeting with all prospective members to ratify the Memorandum of Association and vote on an initial board of directors.
• Incorporation of Entity Founding Committee shall incorporate the entity with the Companies Office & establish accounts for the entity.
• Registration with DCFS Initial Board will undertake the process of registering the entity under the relevant acts with the Department of Cooperatives and Friendly Societies.
• Initial Membership Enrollment All committed members will begin enrollment and providing their deposits at this stage.