What’s involved in setting up & operating a SILC coop?
What is a cooperative?
In business, ownership and control is important. It determines who benefits from the business and its activities.
In a publicly listed company, the business is owned and controlled by investors. The purpose of a company is to make a financial return for those investors.
In a cooperative, ownership and control is shared equally among members. A cooperative’s purpose is to provide benefit back to its members.
At SILC, our members are people with disability and their families who have set up a family governed cooperative with SILC.
The SILC model explained
SILC is a cooperative and a NDIS registered provider that assists families to set up a cooperative to run a family-governed home for their family member.
We collaborate with families and individuals with disabilities to co-design and project manage the establishment of personalised housing solutions.
SILC offers ongoing centralised support to our homes, including being the employer of staff, systems, policies, and operational assistance for cooperatives to structure the desired supports in their homes.
Our established cooperatives are also part of a wider cooperative community where we all share, learn and grow together.