C.I.C Social Investment Guidelines

Community Interest Companies (and other forms of social enterprise) have an increasingly important and valuable role in transforming people’s lives and tackling issues of disadvantage in Somerset. The Foundation encourages local CICs to apply for funding, particularly where the organisation is contributing to our funders' priorities.

As the CIC model differs from charities and similar voluntary organisations – in particular they do not have a voluntary governance structure equivalent to charity trustees - our decisions will not only be based on our regular grant criteria (see grant guidelines) but these additional factors:

1. The Foundation is willing to be considered as a nominee for an Asset Lock by a new CIC. Please discuss with the Foundation’s Chief Executive on 01749 344949.
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