[Free] How To Start A Cic (Community Interest Company)
This course will cover the principles of how to set up a Community Interest Company (CIC) – Free Course
What you’ll learn
- Which social enterprise is right for you?
- What is a CIC?
- Asset Lock
- Registering with the CIC Regulator
- The Community Test
- Other Compliances
- Bookkeeping and Accounts
- Marketing
- Fundraising
- To-do list
Requirements
- No experience needed. You will learn everything you need to know.
Description
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.
Author(s): Wenta Business
