JUNE 2018 · FOUNDATION ROOTS
INNOVA Foundation
The work began around home-based care, organic and preventative health practices, physical wellbeing, community support and the wider social conditions that shape how families live.
ABOUT INNOVA
Built from a wellbeing vision. Structured for member ownership.
INNOVA began with community wellbeing work through INNOVA Foundation in June 2018. By June 2022, that social mission had developed a financial-sustainability model: INNOVA Multipurpose Co-operative was founded to organise trade, productive economic participation and member ownership around the long-term wellbeing of households.
June 2018INNOVA Foundation roots
6 June 2022INNOVA Multipurpose founded & registered
No. 923Co-operative registration
Care + LivelihoodPhysical and economic wellbeing
From community wellbeing to economic sustainability.
INNOVA did not begin as a financial institution. The social mission came first. The Co-operative followed when it became clear that lasting care and community wellbeing also need a productive economic base.
THE SUSTAINABILITY MODEL
Wellbeing needs an economic base.
By 2022, the experience of community work had made one principle clear: social wellbeing cannot depend indefinitely on charitable resources alone. A financial-sustainability model was developed to organise member capital, productive activity and trade around the same wellbeing mission.
JUNE 2022 · THE CO-OPERATIVE
INNOVA Multipurpose
INNOVA Multipurpose Co-operative was founded to facilitate trade and economic sustainability, build productive member-owned projects and strengthen the resources available for physical, social and household wellbeing.
INNOVA FOUNDATION
Public-benefit and community development.
Community outreach, health and wellbeing education, training, mobilisation, vulnerable-household support and public-benefit activity remain within the Foundation's separately governed role.
INNOVA MULTIPURPOSE
Member ownership and sustainable enterprise.
The Co-operative organises member capital, trade, enterprise, productive assets, projects and recurring economic participation so that household resilience is built alongside community wellbeing.
Care and livelihood are stronger when we address them together.
Individuals and families usually carry health, care, income and livelihood pressures in isolation. INNOVA organises collective responses to both sides of household wellbeing: how we live, and how we sustain life.
Physical wellbeing
Care, prevention, family support and access to organised wellbeing services strengthen the conditions in which members live.
Economic wellbeing
Trade, enterprise, savings, productive assets and project participation strengthen income, ownership and the ability to absorb household shocks.
A social-protection layer
INNOVA's project model is designed to build member wealth and recurring income from productive participation, creating an additional layer of resilience around families over time.
The strength is collective. Problems of care and livelihood that are often faced privately by one person or one family become shared economic and social challenges that members organise to solve together.
Separate institutions. Shared strengths.
INNOVA Multipurpose and INNOVA Foundation maintain separate governance, finances and legal accountability. Their governed relationship allows economic strength and social-purpose capability to reinforce one another without blurring institutional responsibility.
INNOVA Care
A flagship example of the two visions meeting: member-owned care coordination supported by community-development capability.
Trade & markets
Member enterprise, supply relationships, procurement, market access and B2B participation.
Savings & finance
Member capital organised around household goals and productive economic activity, subject to approved product rules.
Infrastructure
Projects that allow the Co-operative to own physical assets and put them to work.
Enterprise growth
Business Builder, cohorts, technical assistance, supplier links and capital readiness.
Member governance
One member, one vote — with project participation governed separately through Project Charters.
WHERE WE ARE NOW
Modernising the institution while members shape what comes next.
Transitional governanceINNOVA is operating through a governance transition as it modernises its constitutional and operational framework.
Member participation is growingNominations, member onboarding and project participation create an early opportunity to help shape the next governance chapter.
Partnerships are becoming practicalNew technology, commerce, care and implementation relationships are being structured around clear benefits to members.