Frequently Asked Questions
The Scipio Project
General Questions
We are building a membership based global community of business owners through an innovative approach to the traditional cooperative structure.
We create software for our members businesses which we deliver via a digital platform on the cloud, which enables their businesses to grow and scale, faster, cheaper and more profitably.
We provide access to world class education content, business coaches and mentors.
We invest member Co-operative Capital Units (CCU's) in further product development, and in acquiring commercial bricks and mortar assets which are then leased back to our members.
We provide access to world class education content, business coaches and mentors.
We invest member Co-operative Capital Units (CCU's) in further product development, and in acquiring commercial bricks and mortar assets which are then leased back to our members.
Building a business is hard and expensive.
Too many service providers are charging too much and providing too little.
We aim to provide powerful fundamental business tools like accounting, HR, CRM, ERP and ESG tools at a fraction of the price that others do, but without limitations on their use.
Too many service providers are charging too much and providing too little.
We aim to provide powerful fundamental business tools like accounting, HR, CRM, ERP and ESG tools at a fraction of the price that others do, but without limitations on their use.
The Scipio Project is an initiative from ilipa Ventures Ltd.
The founding members of The Scipio Project are collectively known as ‘Custodians’.
They are highly experienced business professionals and organisations which contribute a range of business products and services to the Coop Community.
They recognise the need for business to embrace innovation; the understand how it is vitally important for our society that businesses make genuine profits, so they can in turn meaningfully contribute to our communities, and to promote values of equitable opportunity for all.
The founding members of The Scipio Project are collectively known as ‘Custodians’.
They are highly experienced business professionals and organisations which contribute a range of business products and services to the Coop Community.
They recognise the need for business to embrace innovation; the understand how it is vitally important for our society that businesses make genuine profits, so they can in turn meaningfully contribute to our communities, and to promote values of equitable opportunity for all.
In most jurisdictions, the law limits the opportunity for ‘anyone’ to take a risk and share in potentially high returns from their investment. Only people identified by the government as ‘sophisticated investors’ have that opportunity.
Through The Scipio Project, we enable our members, who embrace our ethos the opportunity to invest in our projects and share in the long term wealth creation benefits which follow.
We call our member-investors ‘Supporters’.
The typical legal framework for a business to raise capital without becoming a public company is usually covered in an ‘excluded offer’ provisions of the Corporations Act.
This usually allows a company to raise up to $2m from 20 retail investors over any 12-month period (20/12/2 rule) through personal offers.
This means means people must invest a minimum of $25-100k, making it unrealistic for most investors.
Through The Scipio Project, we enable our members, who embrace our ethos the opportunity to invest in our projects and share in the long term wealth creation benefits which follow.
We call our member-investors ‘Supporters’.
The typical legal framework for a business to raise capital without becoming a public company is usually covered in an ‘excluded offer’ provisions of the Corporations Act.
This usually allows a company to raise up to $2m from 20 retail investors over any 12-month period (20/12/2 rule) through personal offers.
This means means people must invest a minimum of $25-100k, making it unrealistic for most investors.
CCU means a duly issued Co-operative Capital Unit.
Something akin to a share in a publicly-listed company.
Something akin to a share in a publicly-listed company.
As your investment is in a co-operative, your investment will be via a security called a CCU. You will receive a CCU certificate.
We will offer several products at our launch, including our flagship platform ilipa Accounts as well as webhosting and email services from ilipa host.
ilipa Accounts is more than just an Accounts package though. It offers industry leading features, like CRM and a full ERP module. It has integrate payroll, inventory management and Point of Sale as well as dozens of other modules you can select or deselect as your business requires.
You can learn more about this incredible platform here www.ilipaaccounts.com
ilipa Accounts is more than just an Accounts package though. It offers industry leading features, like CRM and a full ERP module. It has integrate payroll, inventory management and Point of Sale as well as dozens of other modules you can select or deselect as your business requires.
You can learn more about this incredible platform here www.ilipaaccounts.com
Custodians are the founding individuals and businesses who created the cooperative and provide the initial products and services to our members.
The Scipio Project is named after a famous Roman General and historical figure, Scipio Africanus.
His victory in the 'battle of ilipa' against the commander Hannibal during the Second Punic War in 206 BC is regarded as one of the greatest military victories in history.
It also provides a connection to ilipa Ventures group who founded The Scipio Project and offers many of the custodian company services.
His victory in the 'battle of ilipa' against the commander Hannibal during the Second Punic War in 206 BC is regarded as one of the greatest military victories in history.
It also provides a connection to ilipa Ventures group who founded The Scipio Project and offers many of the custodian company services.