To run free workshops from funding should we set up Charity, Social Enterprise or CIC?
We are a limited company wishing to apply for funding (to run a 3 year programme of free workshops for the Deaf) in conjunction with 2 project partners. We want to fully understand the pros and cons of setting up the arm to deliver this programme as either a Charity/Social Enterprise/CIC. If a CIC whether should be limited by shares or guarantee.
Asked by Trish Binks,
August 2010 - Contact this person
1 Answer
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Hi Trish,
We have built a series of social enterprise assessments can help make recommendations on which structure might best suit. There are four assessments:
- Assessment 1: For-profit business, a charity, non-profit or a social enterprise?
- Assessment 2: Social Enterprise or a For Profit business
- Assessment 3: Company Limited by Share and Company Limited by Guarantee
- Assessment 4: Cooperatives
Also, see this list of resources, links and additional information for social enterprises, charities, cooperatives etc.
Phin
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