The Revelstoke Mountain CoLab in pre COVID-19 times. (Submitted)

Revelstoke Mountain CoLab will vote on becoming non-profit society

‘We’re more than just a space. We’re a community’

Revelstoke’s Mountain CoLab may soon become a non-profit society which could help secure future funding.

When it was created five years ago, the CoLab was set up as a non-profit cooperative.

“It made sense at the time. It was to be a community of workers looking after a space,” said Matt Coté, president.

READ MORE: City of Revelstoke launches Tech Strategy 2.0

However, as membership has grown, Coté said remaining a cooperative is restrictive and expensive.

For example, getting funding is more difficult. As a society, the CoLab would be able to partner with the City of Revelstoke, Community Futures and more grants could become available.

The organization has never paid dividends to its members. Instead, surpluses were put into savings.

Since the start of the pandemic, Coté said the CoLab is losing money monthly. At the moment, he said the CoLab has 23 active members, which is half of usual.

Due to COVID-19 and requirements for physical distancing, desks have been taken away. However, Coté said there is still space for new members. The CoLab is currently only offering monthly memberships, which start at $85.

He said the CoLab can last for several months on savings and may soon receive a rent subsidy. The funding that may become available with being a society, could also greatly help the CoLab said Coté.

While COVID-19 forced people to work from home, some studies suggest that workers are more productive in a designated work space somewhere else.

An article in the Harvard Business Review said offices bring people together, which can spark far more creativity and networking then staying at home alone.

For example, Yahoo revoked mobile work privileges in 2013, saying at the time, “some of the best decisions and insights come from hallway and cafeteria discussions.”

Coté said when he arrived in Revelstoke, the CoLab was where he met his friends and became a Revelstokian.

“We have worldly conversations. It isn’t just about ski bindings and how much sag I have in my bike suspension,” said Coté.

The CoLab has a tradition of socializing around the water cooler for ten minutes at 10 a.m.

Even when the CoLab closed due to COVID-19 before reopening last month, Coté said members would still meet online for ten minutes at 10 a.m.

“We’re more than just a space. We’re a community.”

Many well known Revelstoke businesses started as fledglings in the CoLab, such as Tree Construction, Revelstoke Backcountry Guides and Chronometer.

Chronometer, which is a nutrition tracking app, now has over 3.5 million users and revenue in the millions.

READ MORE: How a 39 year-old Revelstoke man turned a nerdy hobby into a million dollar startup

As a writer, Coté said he has gotten work through the lab, just by networking with other workers.

For members, Coté said little will change with the CoLab becoming a society. However, only up to date members will get to vote during elections, rather than anyone who has ever been a member, which is more than 400 people said Coté.

An election for turning the CoLab into a society will be held on July, 14.

Information for joining the CoLab can be found on their website.

Do you have something to add to this story, or something else we should report on? Email:
liam.harrap@revelstokereview.com


 

@pointypeak701
liam.harrap@revelstokereview.com

Like us on Facebook and follow us on Twitter.

Community

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

LETTER: Revelstoke does not need proposed Hay Rd. development

The development calls for 60 housing units

Which streets in Revelstoke have the most crashes?

The data was recently released by ICBC

LETTER: Kiss the caribou goodbye

Kiss the caribou goodbye Revelstoke! The $1.1 million funding from the B.C.… Continue reading

EDITORIAL: Improving highway safety

Highway 97 has seen plenty of collisions and accidents over the years

Sternwheelers once plied Okanagan Lake

Vessels once transported passengers and goods along the Okanagan Valley

B.C. records 146 new COVID-19 cases through long weekend

More that 28 people tested positive for the virus each day since Friday

COVID-19 vaccine efforts provide hope but no silver bullet to stop pandemic: Tam

There are more than two dozen vaccines for COVID-19 in clinical trials around the world

Passengers escape unharmed from destructive houseboat fire in Shuswap

Cause of blaze on Mara Lake under investigation, flames erupt at 2 a.m. Aug. 4

Alberta vehicles allegedly damaged in Summerland

Lug nuts loosened, windows smashed in several instances in Okanagan community

Interior Health reports nine new cases of COVID-19, 149 linked to Kelowna

Nine new cases were reported in the Interior Health region over the long weekend’s four reporting periods

Former Kelowna resident makes fundraising goal for cancer fertility treatments

Rebecca Hamilton recieved a boost in a battle against cancer - $25,000 for post chemo treatments

Study shines light on what makes LGBTQ+ youth feel safe in a community

The study goes beyond looking at school or family supports

Alberta to require masks at schools this fall, but still no mandate in B.C.

B.C. students are also set to return to classrooms in September

UPDATE: Water bombers attack wildfire north of Sicamous above Shuswap Lake

Wildfire BC reports fire is still classified out of control, 25 personnel on ground

Most Read