Oliver Hunt is a partner at Bates Wells, where he advises charities, social enterprises and impact driven businesses on a wide range of legal issues, including establishment, governance and financing. His work includes forming and registering new charities and social enterprises, including CIOs, CICs, and community benefit societies. He particularly enjoys helping clients to structure new projects, and bringing together commercial and non-profit enterprises, whether that be corporation foundations, new trading ventures, impact investment, or community finance projects.
The community interest company offers a neat solution for some UK social enterprises – but can cause headaches for those wanting to scale up through equity investment. Look before you leap into choosing a CIC, advises a legal expert.