CICs are generally used by social enterprises (businesses that operate for social/charitable purposes). If you are wanting your business to be a social enterprise, and be able to apply for grant funding (e.g. from the Big Lottery Fund), you…"
Hi there, I've just recently bought a franchise called Mum2mum Market. We organise pop-up sales of nearly new children and baby items, encourage families to reuse items, and send less to landfill. I've also made links with local charities to support them through our sales. A very similar organisation is set up as a CIC but it seems very complicated. I do need to take a wage out of this as it takes a great deal of my time. Does anyone know what sort of asset lock would be put in place? And where…See More
Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More