Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697648135531.pdf (Bahamas)
Cooperative Development Competition Evaluation Criteria All submissions will be evaluated according to the criteria below on a 0-5 scale.

0 = Does not meet the criteria at all or attempt to – Unacceptable.

1 = Attempts to meet some criteria but largely unacceptable - Very poor.

2 = Meets the criteria minimally – Poor.

3 = Meets the criteria but does not exceed it – Adequate.

4 = Meets criteria and substantially exceeds it – Good.
5 = Meets criteria and demonstrates highest excellence and superiority – Excellent.
10 founding members are identified There is a well-defined need for the Cooperative and its products and/or services There is a realistic timeline for the incorporation and start-up of operations Concept Paper Total Points (15 maximum) Business Plan Innovation The Cooperative provides needed services/products and value to its members Members can access services or opportunities not available to them otherwise Membership is incentivized so that Members value ownership in the Cooperative Membership Feasibility Potential member/customer segments are clearly defined A wide base of potential members is identified to ensure the long-term sustainability and growth of the Cooperative Membership is open and voluntary and democratic member control is evident Subtotal (15 points) Subtotal (15 points) Market Feasibility The Cooperative will be able to distinguish itself from other institutions offering similar products/services The Cooperative will be able to exist autonomously and independently of other organizations and entities, both public and private Key Partnerships and/or alliances are identified that will contribute to the success of the Cooperative The Cooperative’s activities will enable it to strengthen the Cooperative movement rather than compete against other cooperatives Subtotal (20 points) Administration/Participation A clear organizational and operational structure is defined The Cooperative provides education and training for its members, representatives, managers and employees Activities essential to
 regular production and/or problem solving are defined Subtotal (15 points) Financial Feasibility Startup costs are clearly defined Member fees and costs per share are clearly defined and feasible The Cooperative will be able to generate sufficient revenue Operating costs and key resources are clearly defined Thorough and realistic Profit/Loss statements for three years are presented Overall Project Plan There is a reasonable expectation of success The plan is clear, detailed, and follows the format provided Subtotal (25 points) Subtotal (10 points) Business Plan total points (100 maximum) By-Laws Board of Directors and Powers of the Board are defined Membership and Election of Officers are defined Fiscal Year and AGM are defined Overall, By-Laws are thorough and defined according to the worksheet provided By-Laws total points (20 maximum) Online Presence The website/page effectively informs of the products/services offered by the Cooperative The website/page provides information for membership requirements and encourages potential members to join Online Presence total points (10 maximum) Business Plan Defense Team conveys a clear summary and understanding of their proposed Cooperative How well does the team address questions about their Cooperative The team makes a convincing argument that its Cooperative is worth funding Business Plan Defense total points (15 maximum) TOTAL POINTS (160 maximum)