CIC Association

Serving Community Enterprise

February 2010 Blog Posts (10)

if you could have your time again... life lessons for social entrepreneurs

There’s a regular feature in a private business management magazine that asks prominent business leaders each issue if, with hindsight, they’d have done anything differently if they had their time again.



Recently, at a networking event organised by Social Enterprise Yorkshire & Humber and Unltd, I had the opportunity to ask a panel of prominent and successful social entrepreneurs what they, if they had their time again, and with the benefit of hindsight, might do differently.…

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Added by Adrian Ashton on February 28, 2010 at 16:19 — No Comments

Directors & Officers Insurance

Directors & Officers Liability Insurance (D&O) is designed to indemnify directors and officers from claims against them personally for failing in their duties.



Management and Officials of Community Interest Companies would be sensible to consider this insurance as it can protect claims against them as individuals. Under the 2006 Companies Act, directors and officers are exposed to over 200 areas of statutory liability.



Claims could be made by…

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Added by Stewart Glazzard (Insurance) on February 25, 2010 at 23:29 — No Comments

Rate relief difficulties for a CIC

As a Trustee for the Light of Hope CIC (www.lightofhope.co.uk) I would like to ask if any other CIC has been given rate relief from their local council? We have just been refused both mandatory and discretionary relief from Trafford council, and yet our premises in Hebden Bridge has always received 100% rate relief from Calderdale.

Has anyone any advice/strategies for overcoming this problem please? All help gratefully received!

Added by Alison Sargent on February 21, 2010 at 14:48 — 14 Comments

Introducing ourselves

Hello,



We are Clair & Scott of EarthCraftuk Ltd. Having trading for just under a year, we recognise that we are indeed a CIC and having spoken to the Regulator`s office, will be transferring from a Ltd company to a CIC this week.



We run educational long term Forest Schools programmes for hard to reach and hard to engage young people (13-17) in our wonderful ancient woodland location near Canterbury. We are also developing a Social Forestry programme too.



In our… Continue

Added by Clair Teresa Hobson on February 20, 2010 at 10:58 — No Comments

CICs can help in situations like debt-ridden Hinchingbrooke Hospital, due to be run by a private company

Could the CIC asset lock help reduce the fear of privatisation in these types of circumstance? this is likely to be the first of a number of funding strains within the NHS, and it's probably going to be be a growing concern

The ability to raise capital in the marketplace is undoubtedly an advantage for private companies at the moment, but we could raise bonds against the NHS contracts to make it work. The asset lock also allows some assets to be transferred and protected, if…

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Added by John Mulkerrin on February 18, 2010 at 19:18 — No Comments

Would the CIC be of benefit in creating a children's home?

Here's the background.



The advocacy we've been engaged in as a 'social business' in Ukraine is at risk.



We aim to launch a family type home for children who have been in state care.



The Abandoned Children of Ukraine on Facebook



We have failed to attract funding or new business in the UK and been… Continue

Added by Jeff Mowatt on February 17, 2010 at 19:48 — 2 Comments

Converting to CIC from LTD

I am in the process of converting to CIC from Ltd, I have the form CIC 37, is there anywhere I can view samples of the statement which needs to go in?

Added by Active4Life on February 16, 2010 at 15:10 — No Comments

does your legal form make you a social enterprise?

The current launch of the national social enterprise mark has brought to the fore once again the issue of how we identify and recognise social enterprise.

Many argue that in order to be a 'true' social enterprise, your organisation must exhibit specific characteristics and that these must be present in one of a number of limited legal forms (limited in number and choice, that is) - asset locks, accountability to more than just investors, controls on how profits and used and…

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Added by Adrian Ashton on February 15, 2010 at 18:09 — 7 Comments

Free Online Public Procurement course to help smaller firms bid compete for £220 billion of public sector contracts awarded annually

The Department for Business, Innovation & Skills has recently launched an online procurement course, …

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Added by John Mulkerrin on February 10, 2010 at 17:00 — No Comments

the most taboo social enterprise issue?

most taboo subject about #socent? the fetizisation of 'scaling up' - http://bit.ly/9EvGhi

Added by Adrian Ashton on February 3, 2010 at 12:18 — No Comments

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