Just to add a bit more detail, James is correct to say that in general the approach of grant makers is not always favourable to CIC limited by shares when compared with CIC limited by guarantee, but perhaps more accurate to say that more…"
We are a newly founded CIC counselling service based in Horsham, West Sussex. We took over the running of this service in May of this year when the old service lost the support of the YMCA. You can see more about us at…"
I am thinking about CICs with a sufficient number of members (who may not all know each other), that formally electing directors, rather than just confirming their appointment by ordinary resolution, is relevant. I was thinking of GP commissioning groups and Nene Commissioning in particular, which serves Northants and which is registered as a CIC. However looking at their website, there is virtually nothing about governance or how they are funded, and you can become a 'member' without contributing any share capital. That seems just like a public relations exercise to me and the doctors just want to get rich off the NHS, hardly in the spirit of CICs. However if any of your members represent CICs with many members - probably hundreds at least - they might be interested in what I have to suggest. What do you think? Worth discussing or wasting people's time?
First of all thank you for allowing someone who is not associated with a CIC to become a member of the Association. I will try not to abuse the privilege. The 8000 or so CICs come in all shapes and sizes. My suggestions would probably only apply to a minority. I think the best way to start is to put an article on my blog and put a link to it on this wall.