How to start a CIC (Community Interest Company)

Who is this course suitable for?
This course is designed for anyone considering starting a Community Interest Company (CIC). Whether you're an aspiring social entrepreneur, a community organiser, or someone with a business idea focused on public benefit, this session will give you the foundational knowledge and practical tools to begin your journey.

Overview:
Setting up a CIC can be an impactful way to support your community through a sustainable social enterprise model. This course will guide you through the essential elements required to officially register and operate a CIC, ensuring you're equipped with the knowledge to move forward confidently.

What You’ll Learn:

• How to determine the right type of social enterprise for your goals

• What a CIC is and how it differs from other business structures

• The importance of the asset lock and how it protects community assets

• Steps for registering with the CIC Regulator

• Meeting the “Community Interest Test”

• Understanding ongoing compliance requirements

• Basics of bookkeeping and financial responsibilities

• Marketing strategies for CICs

• Introduction to fundraising options and opportunities

• A practical to-do list to help you get started

By the end of this session, you'll have a clear roadmap for starting your CIC and making a positive social impact.