CIC Association

Serving Community Enterprise

All Blog Posts (210)

Community Interest Company

Why are there so few of these companies 

Added by PAUL WILLIAM DAVENPORT on November 26, 2013 at 12:36 — 1 Comment

Iridescent Ideas CIC needs your vote!

Iridescent Ideas CIC has been shortlisted by RBS Inspiring Women to support women thinking of setting up social enterprises in Devon and Cornwall (the project is called ‘Unicorns’ Glade’). We want to celebrate female social entrepreneurship and provide inspiring advice in community settings to try to find women with great…

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Added by Gareth Hart on November 10, 2013 at 22:41 — No Comments

As we enter our third year.....

I never thought that one day I would be part of a team of people that are so committed to improving their community and its facilities.  As we are just about to enter our third year I cannot believe that our venture has been so successful and our plans for further development are now looking realistic.

Our Community Centre is open 7 days a week will well attended activities both during the day and in the evenings.  The bar has been…

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Added by Terry Maguire on November 7, 2013 at 16:20 — No Comments

Peoples Millions finalist!

Fantastic news! - Horses Helping People CIC in Buckinghamshire have won through to the final round of ITV's The People's Millions, where worthy projects compete for public votes to win a cash donation of £50,000 from the National Lottery Big Lottery Fund.

Our therapeutic horsemanship centre is hoping to secure the money to fund the 'Neigh Team' project, where volunteers from the veteran and homeless communities will come to Sunrise Farm through 2014 to build a mile long sensory nature…

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Added by Debbie La-Haye on October 31, 2013 at 23:18 — 4 Comments

Think Big: Think Social - THE Social Enterprise Business Growth Event

"Be the first to hear about the emerging challenges and great opportunities for 2014 and then put your plan into action"

 GET Investment - Discover the latest trends and opportunities

 KEEP Legal - Avoid the common mistakes and pitfalls that growing businesses make

 GET Noticed - Turn your customers into Raving Fans with awesome branding

 GREAT People - Get the most from your people & keep on the right side of the law

Do you have big ideas and plans for the…

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Added by Heidi Fisher on October 27, 2013 at 19:20 — No Comments

Think Big Think Social - are you coming?

To book go to http://thinkbigthinksocial.eventbrite.co.uk…

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Added by Heidi Fisher on October 15, 2013 at 13:37 — No Comments

Social Outcomes - Localism adds value

The Public Sector measure many of their contract values in terms of price and not impact; to date procurement has settled on best price calculated on lowest price linked to quality.

NOW THEY CATCHUP TOOLS ARE IN PLACE.

Lets start by dispelling the a myth and recognise localism isn't just about proximity, the impact and benefits in the local community are critical to the overall value of your response. What sort of things can you…

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Added by Mark Trotter on October 2, 2013 at 10:16 — 4 Comments

The Public Services Act 2012

January 2013 is a watershed for social enterprise and community focused service providers because the Public Services Act 2012 created a level playing field for public sector competitive tendering.

Price has been a core driver in procurement for many years, lowest price has appeared to be the key differentiator with SME's and social enterprises struggling to compete with larger employers who draw on economies of scale and multiple contracts to share overheads.

The Public…

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Added by Mark Trotter on September 23, 2013 at 10:04 — No Comments

Please vote for us to win a possible £275,000 investment

We have been shortlisted in Britain's biggest small business competition and with your help, could be awarded an investment of up to £275,000. 

If successful, this would be of immense help as we have ambitious expansion plans to help people living in cold homes and get out of fuel poverty. However, to expand, we need…

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Added by Nigel Farren on August 15, 2013 at 17:59 — 5 Comments

Adding a charity to help support a CIC?

Hi 

We have a CIC which works with children and young people with emotional wellbeing/mental health issues.  I set up a CIC initially rather than a charity as wasn't able to work into it if it was a charity and I needed to at that time to develop it.  The difficulty we have is that we would like to do some fund raising to be able to offer the children that 'bit extra' which we are not able to use our current funding for - e.g. Christmas party, refreshments, days out/travel…

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Added by Christine Blinkhorn on August 15, 2013 at 8:23 — 2 Comments

Becoming Tender Ready

For most companies becoming tender ready is a challenge but for CIC's it is an extension of existing practices.

 

Here's a quick list of things to gather together:

 

  1. Financial Information - be ready with previous years accounts, company structure and financial controls. This includes past accounts, cashflow forecasts, profit and loss reconciled to a monthly management statement.
  2. Corporate Governance information - structure, compliance and…
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Added by Mark Trotter on August 14, 2013 at 15:10 — No Comments

A Service Code for CICs?

I'm working on an form of the Public Service Code, adapting it for my CIC.  Does anyone have any comments?:  



This CIC subscribes to a form of the Public Service Code adapted for a CIC.  Its Directors and Officers will:



    Observe at all times the ethical standards expected of public servants, having regard to the Seven Principles of Public Life



    Make themselves accountable to the CIC Regulator and through other means for their policies and performance, with…

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Added by Simon Odell on July 25, 2013 at 11:30 — No Comments

CIC's are winning Public Sector Contracts

Over the last few months I have worked with a couple of CIC's who are now either safely competing on frameworks with local councils or receiving requests for quotes linked to local public sector services.

 

We have been able to use three key features of legislation to best advantage:

1.  Localism Act - a great tool for specifying benefit to the economy and the supplychain.

2.  Public Services 2012 - this has been an excellent mechanism for preventing LA's from…

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Added by Mark Trotter on July 8, 2013 at 18:33 — 3 Comments

Nottingham News Centre

Nottingham News Centre CIC collates and communicates community news and information.

Added by Nottingham News Centre on June 26, 2013 at 10:41 — No Comments

Nottingham News Centre

We source and produce news for Mojatu Magazine; offer Journalism training; a community E-publication service and collate and catalogue research about the BME community in Nottingham.

Collate | Inform | Grow

Added by Nottingham News Centre on June 26, 2013 at 10:40 — No Comments

IS IT WISE FOR A CIC TO START WITH A LOAN?

The current funding climate is precarious even for the most innovative ideas and projects, so I ask is it always advisable as  CIC to start with a loan when starting out in business? are there investors who supports Black Ethnic Minority in Business?? which are the best loan funders? are there really government funding?

Added by JEWINC CIC .ORG .UK on June 4, 2013 at 13:41 — No Comments

Cost of legal advice

I am part of a small group starting on the process of becoming a CIC.  There seems to be a lot of helpful advice from the CIC regulator as well as forms to download and complete.  We are satisfied that setting up a CIC limited by guarantee is the route to go down, however, at what stage have others involved legal advice and how much can one expect to pay? 

Added by Madeleine Legg on April 10, 2013 at 13:59 — No Comments

Market Share for Social Enterprises in Public Sector contracts set to grow

Isn't legislation wonderful if you can work out how to use it to your advantage!

Changes to specific regulations and new acts of Parliament have made the social benefit and local proximity of a service provider easier to work with.

The expected impact of this for procurement is that local traders will be able to secure more medium value contracts and well structured, test consortia will be able to bid for higher value.

--

There is a major concern with the buyers -…

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Added by Mark Trotter on February 27, 2013 at 13:47 — 1 Comment

Grant funding agencies and trusts view of CICs

Dear all, I would be interested in hearing your experiences when approaching trust for support and funding. We had recently spoken to a representative from the Sainsbury's Trust and were clearly advised that although they were very impressed with what we do, they would not be able to support us in any way as we were not a charity.

Is it not possible for some CICs, if not all to have a recognised status under the Charities Foundation in order to be able to approach trusts for grants…

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Added by Simon Dean on February 25, 2013 at 19:38 — 2 Comments

Project Hidden Potential

Project Hidden Potential is a start up company aiming to raise awareness of a hidden disability, speech, language and communication needs. Young people become adept at hiding away this disability as it does not manifest itself physically, and often get misjudged. This often leads to crime, as statistics show between 60-90% of young offenders have a form of speech, language and communication needs. We aim to help identify and intervene before it's too late, by raising awareness.



The… Continue

Added by Mohammed Wasi on January 21, 2013 at 23:48 — 1 Comment

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