CIC Association

Serving Community Enterprise

All Blog Posts (228)

profits

is it the case that 65 persent of profits go back into business and 35 persent into the community also who owns cic

Added by CRAIG ALLISON on March 25, 2014 at 20:40 — 1 Comment

ttc members

hi john when you say application goes through the cooperative do you mean a director has to sign it of 

Added by CRAIG ALLISON on March 25, 2014 at 20:13 — 2 Comments

three towns cooperations members

hi john a member of the three towns cooperation who runs a dance class of there own can go for funding in there own name on behave of the three towns cooperation.hope this is right. thanks craig 

Added by CRAIG ALLISON on March 21, 2014 at 16:22 — 1 Comment

Need advise on formation of CIC

Dear members,

I have come to realisation that I would like my current limited company to be transformed into CIC.

There's a lots of information on the web but I am getting very confused.

Considering my modest start up budged it is impossible to pay solicitor's fees.

However, I need to make sure I am doing the right thing.

Currently my company provide education, training and workshops regarding improving the everyday usage of English within some communities;…

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Added by El Mincheva on February 27, 2014 at 14:31 — 3 Comments

Insurance help for your CIC organisation

Hi - my name is Tim Cooper. I have recently established Communities Insurance Brokers as a CIC to serve the charity, voluntary and non-profit sectors in the UK. We are a bit of a novelty as the FCA didnt know what a CIC was. My background is in commercial insurance broking but this is my first social enterprise. If you need some friendly advise on your insurances, or would like a competitive quotation we would be pleased to hear from you. on 01242 460469 Follow us on Twitter  @comminsureco…

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Added by Tim Cooper on February 24, 2014 at 18:31 — 3 Comments

Help please

We provide courses to vulnerable young people, there is a bursary for the course but our contract won't be paid for thirty days. As a small organisation we can't bank roll costs for students. I need a grant about £2000 but need to turn ii around in a week, any ideas? 

Added by Kathryn Holton on February 19, 2014 at 14:21 — 2 Comments

Need help please, one year on and need funding!

Hi all,

So I started the company one year ago and it has been incredible. Gone very well. Starting from nothing, literally and end of year was £57,000 with outgoings less. However the organisation has reached that point where it's expand or keep going the way it is. Obviously I want to expand and have some really great contracts on the door steps. Plus the opportunity to move into a new premises that would catapult the organisation into a different world, it would put it up there with…

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Added by Matthew Reed on January 18, 2014 at 21:15 — No Comments

Vote today 27th

Please vote for Horses Helping People in the People's Millions final - lines only open til midnight 27th,, so do it now! Call 0871 626 88 15 You can vote 10 times from any phone. Watch this film to see why you should vote …

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Added by Debbie La-Haye on November 27, 2013 at 22:24 — No Comments

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

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 — 5 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

Added by Heidi Fisher on October 15, 2013 at 13:37 — 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

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

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

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