HOW VENTURE.COMMUNITY WORK

Our Rules & Structure

Venture.Community operates as an FCA registered co-operative society, designed to support early-stage start-ups through funding, mentorship, and collaboration.

To ensure fairness, transparency, and long-term sustainability, we have a clear structure that defines how members participate, trade, and benefit.

For full details our our society's rules can be found at: https://mutuals.fca.org.uk/Documents/Download/1077013

HOW TO BECOME A MEMBER


Venture.Community has five types of members, each with a specific role. Our membership is also divided between 'Full Members' and 'Supporting Members'. Full members have full voting rights within the society and can earn a dividend from the society's surplus depending on their contributions.

FULL MEMBERS

All Full Members have made a pledge to contribute at least £10k of value to the aims of the community, for example: by investing in startups, volunteering time or providing other value.

Founders: Start-up founders who are on their venture journey, they can receive funding, training, and mentorship. Founders are initiated into full membership by completing our accelerator program.

Specialists: Entrepreneurs and C-Level startup executives who support start-ups with their portfolio expertise.


Fellows: Seasoned veterans of venture with vertical areas of interest, who understand the startup journey and venture fundraising process - and most importantly, can pick winners.

supporting members

Community Members: Participate in events and investment opportunities, but their collective voting power is capped at 25%. You can become a Community Member for just £10 per year.

Associate Members: Businesses and corporate entities that are represented by other members and trade within the co-op.
Business entities associated with Full Members. They can trade within the co-op but do not have voting rights.

HOW WE MAKE DECISIONS

Venture.Community in each region is governed democratically, with each Full Member having an equal voice.


FULL MEMBERS each have one vote, regardless of their contribution level

COMMUNITY MEMBERS have voting rights, but their total influence is capped at 25% of the total vote

ASSOCIATE MEMBERS are companies and do not have voting rights.

We also have an elected board made up of representatives from each group of Full Members—Founders, Fellows, and Specialists

—as well as a Chair from Venture.Community to guide each region and ensure co-operation with other regions.

The board helps steer the co-op’s strategic direction and ensures that every member type is represented in leadership and decision-making.

Major decisions, changes to the rules, and other constitutional matters are voted on collectively, typically at the Annual General Meeting (AGM) or through special member votes.

HOW THE CO-OP IS FUNDED

The co-op is sustained by activity within the community.

FOUNDERS raise at least £20,000 during acceleration, where £20,000 is used to pay for acceleration, a portion of this is retained by the co-op to fund our operations and the rest used to fund delivery of the accelerator

SPECIALISTS are paid for their services during acceleration and may also contribute in-kind.

FELLOWS and COMMUNITY MEMBERS fund start-ups through investment, often qualifying for SEIS/EIS tax relief.

Each community is itself SEIS eligible and can raise its own funds for the community benefit.

The co-op may earn additional income through membership fees, fees on fundraising, sponsorships, or platform usage.

Trading and Contributions

Venture.Community encourages members to trade with and invest in each other within the community to foster and build a network dedicated to venture and entrepreneurship

want to learn more?

You can view the full legal rules of the society
https://mutuals.fca.org.uk/Documents/Download/1077013, or reach out if you have questions about how to get involved.

TALK TO US ABOUT BECOMING A MEMBER

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Atuin.Ventures Ltd, All Rights Reserved

Each Venture.Community is an independent regional Co-operative registered with the Financial Conduct Authority and operating under licence from Atuin.Ventures. Ltd