I want to start a CIC to specifically raise funds for charities. Would a CLS or CLG be best.

2 Answers

1. VentureNavigator, thanks to sponsorship from the UK Government's Department of Business, Innovation and Skills and the Transformation Fund, have built a series of social enterprise assessments which query the objective of your organisation and make recommendations on which structure might best suit (login required). There are four assessments, but I suggest that you start at the first one:

   
   

   
   
   • 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
   
   

   
   

   In addition, please see this list of resources, links and additional information for social enterprises, charities, cooperatives etc.

   
   

   Finally, you can use VentureNavigator to message other users who have asked similar questions:

   
   

   
   
   • I recently read somewhere that there is a new 'alternative' to the CIC? Can anyone help?
   
   
   • What business model to use for an international fundraising/humanitarian aid organisation?
   
   
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   Answered by Arthur Meadows, July 2010   -  Contact this person

2. Hi Patricia,

   
   

   Our assessment tool should help you decide:

   
   

   http://www.venturenavigator.co.uk/assessment/overview/social_enterprise_models3

   
   

   (There a 4 all together on Social Enterprise structures but this on is specifically for deciding between CLS and CLG)

   
   

   Phin

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   Answered by Phineas Wenlock, July 2010   -  Contact this person (Edited on 2010-07-23 09:47:55)