The Co-operative Development Division of Dominica has been in operation for over 50 years.
Its primary purpose is to develop, advance and protect co-operative enterprise. The Division's legislative and regulatory success is reflected in the power of co-operative businesses in the Dominica economy. The Division recognises that there is strength in solid and sound legal, financial and structural framework for co-operatives bearing in mind that though a co-operative is a business like any other business it differs in several important ways:
- Co-operatives are owned and democratically controlled by its members and not by outside investors
- Members elect their board of directors from within the membership
- Surpluses are shared proportionate to the individual members use of the co-operative
- Co-operatives are not motivated mainly by profit but by service to meet the member's needs.
Explore at your leisure and as you will, this carefully constructed website dedicated to salute and honour those who have taken up the co-operative challenge and also to create greater public awareness, interest and support for the vital role that the diversity found in the multiplicity of co-operative businesses brings to the national productivity drive.
For more info, please visit their website at http://cooperative.gov.dm