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.
Impact law isn't just about working for charities or social enterprises; nor is it confined to the USA or UK. Insights from a panel of experts on common misconceptions – plus the opportunities – in this fast-growing field.
Latest figures from the UK's CIC Regulator show almost 5,000 more CICs on the register in 2021, bringing total to nearly 24,000 and surpassing growth rate reported by Companies House – but dependency on grant funding remains unclear.
In an alpine lodge on Whistler Mountain two men pondered "the snow leopard", an ambitious man from Ghana who made it to the Winter Olympics. Their idea was to set up a social enterprise that could inspire similar ambitions in others.