Setting Up and Operating a Community Interest Company (CIC) - Online (1508)
Date: 29/10/2024
Time: 18:00 - 19:30
Voluntary Sector/Social Enterprise: £65.00
Statutory/Business: £95.00
Thinking of setting up a CIC? Wondering if CIC is the right structure for your work? Join this one and half our session and find out.
In this session we will cover:
+ What is a CIC?- Definition, purpose, and differences between CICs, charities, and limited companies.
+ Benefits of CICs: Flexibility, social enterprise aspects, and increased funding opportunities.
+ Challenges: Timelines, implications, and case studies of successful CICs.
+ Legal structure: Differences between CIC limited by shares or guarantee, registration steps, and key documents like the Community Interest Statement and Articles of Association.
+ Financial management: Record-keeping, funding strategies, and annual reporting obligations.
+ Governance and compliance: Discussion on legal responsibilities, governance, and accountability.
This session will be led by grant writing expert Robert Bentley who has a breadth of understanding of commercial and public procurement processes, how to secure business contracts, how to identify suitable grant funding and how to meet the expectations of private investors. Having prepared 100s of business proposals and tenders, he helps with the selection of tender and funding opportunities, analysis of requirements, opportunity assessment and bid writing.