REDI Innovation Hub Cooperatives Program

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Regional Economic Development for Eastern Idaho (REDI) is developing a program to assist municipalities in supporting local communities to develop innovation hub cooperatives.

What are Innovation Hub Cooperatives?

Innovation hubs cooperatives are buildings that serve as destinations for innovation culture, that are designed, governed and owned by local communities as cooperatives.

What are examples of Innovation Hub Cooperatives?

Commongrounds is a 50,000 s.f. innovation hub cooperative in Traverse City, Michigan, which serves as both a pilot project and learning laboratory. It is presently the only project of its kind in the country - a mixed-use community building that is owned and governed as a cooperative.

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