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dotCoop launches award for co-op excellence website
WASHINGTON (3/17/09)--dotCoop, sponsor of the .coop domain, has launched a new website where co-ops worldwide can submit entries for the dotCoop Global Award for Cooperative Excellence. The website is at www.globalawards.com. The award recognizes successful businesses that embrace cooperative principles. Entrants are asked to describe and document specific processes and activities they employ that leverage the cooperative business model. An example: using the .coop domain for branding purposes. The deadline for entries for the inaugural awards is May 31. There is no entry fee. Top industries expected to compete include retail, agricultural and worker cooperatives, and credit unions and cooperative banks. “By focusing attention on cooperatives that have created successful, ethical businesses, the award will demonstrate the strengths of the cooperative business model to the global economic community,” said Paul Hazen, president of dotCoop and president/CEO of the National Cooperative Business Association. “Co-ops can be a winning solution for challenges facing the global community in today’s economic realities, he added. “Recognizing these co-op leaders helps people realize that these are not just successful businesses but also successful cooperatives.” Cooperatives can compete in one of three categories, based on size. Winners will be selected by an international panel in late summer and receive funding towards travel to Geneva, Switzerland, in November, where they will accept the award at the International Co-operative Alliance General Assembly.
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