CIC Association

Serving Community Enterprise

John Mulkerrin's Blog – June 2009 Archive (1)

Our respone to the CIC Divividend Cap Review

Questions 5 & 6 for Social Enterprises and community interest companies.



Question 5 – dividend cap

Do you consider that the double cap on dividends unduly restrict your ability to raise adequate financing of business start-up and growth?



Using the BofE rate, and the subsequent downward movement of the BofE rate since CICs came into being has definitely diminished the opportunities available to attract investment, but we believe the original positioning of the caps… Continue

Added by John Mulkerrin on June 19, 2009 at 16:09 — No Comments

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