"I think there are investors out there but you need to be clear about what kind of investment you are seeking. Loans are debts that need to be repaid, shares are equity which may be left in, depends if your CIC is limited by shares though, and social…"
"Hey John, im looking for investment to help kick start all avenues of my community interest group, to help aid finance more staff, including a legal advisor and business manager aswell as a campaign manager. The investment will basically revolve…"
"Hi Kenny, I work for Beacon Centre for the Blind which has been a charity for over 140 years, I helped set up Beacon4Life CIC to run Beacon Opticans+, the UK's first accredited social enterprise opticians. We started trading a year ago and have…"
"Thank you John I will most definitely look into converting to a CIO just the thought of doing more paperwork especially as im dyslexic and it took me this long to register as a CIC itself is daunting. Im prob going to consider leaving it as a CIC…"
"Hi Kenny and Nick
Definitely worth discussing which one is more suitable for you as CIO has to lot to offer. I dont think there is much difference between a CIO and CIC regarding eligibility for grants though, and just to point out that CICs can…"
"Hi there Nick thank you for your reply, my main objections of converting to a CIO from my CIC is the time frame it would take, Ive just now registered as a CIC and really want to get cracking with my community projects and awareness campaigns for…"
"Hi Kenny, great to hear of your plans to raise awareness of Sickle Cell, but if you plan to convert to a charity why not set up as a Charitable Incorporated Organisation which would give you limited liability, allow you to trade and employ people…"
Hi there everyone, Ive just started a CIC which will eventually be turned into a charity, Im looking for funding/investment to help with the start up costs of the company so I can get my community interest group off the ground.The purpose will mainly be to help with renting an office, hiring staff, website costs, maintenance and hiring a campaign team to help me with my ventureMy company is mainly for spreading awareness for Sickle cell Disease through education and offering services to cater…See More
For any accounting related queries, including accounts software package questions, grants and trading income treatment, HMRC or Companies House queries/issues, tax reliefs for CICs, links to useful finance information etc