If you would like the Association to get involved with helping you raise funds, please register your interest here and we will contact you to discuss your individual requirements.
CIC Association recommends for start ups/small projects :
Awards for All(Not for profit-3 Directors required, up to £10k)
Unltd (For funding individuals with great ideas,up to 15k for salary,project costs)
Latest Activity: Oct 21, 2020
Awards for All clarification: No distinction will be made regarding the type of CIC you are.
'Each programme will have its own eligibility criteria. In respect of CICs, as long as this type of organisation fits with the types of organisations that the specific programme will fund, no distinction will be made regarding the type of CIC that they are.
However, any grant funds awarded would need to be ring fenced and appear on the accounts as restricted funds. Therefore they could not be used or be considered as being potentially used as a contribution towards any profit distribution or to supplement free reserves.'
SITR is a tax relief for individuals who invest in social enterprises. For this purpose social enterprises are community interest companies, community benefit societies or charities. It applies for…Continue
Started by John Mulkerrin. Last reply by John Mulkerrin Feb 6, 2018.
Hi everyone,We are new to the CIC association forum and have recently set up a CIC and after reading the forum I have noted that older posts show that the funding for CIC's is limited.Has anyone got…Continue
Started by Tanya Dennis. Last reply by John Cropley Jan 18, 2018.
OK. Having thought about my recent posts, it got me thinking.It is obvious that, no matter the reasoning, funders are in general looking for some kind of assurance that their grant/loan etc. will be…Continue
Started by Paul Gill. Last reply by Mary Burrows Jan 2, 2016.
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