Supported by Bates, Wells and Braithwaite, we have just incorporated as a CIC CLS.
We have chosen the limited by shares structure as we feel it is important to show how it can be used as a creative tool in developing particpation, without impacting on our higher objective of ensuring the primacy of community benefit. If you have any comment, opinion or advice please email:
We are also currently discussing how to set up the membership voting structure and will release details in due course. If you have an opinion please get in touch or post in the online forum. http://cicassoc.ning.com/forum/topics/issuing-shares-proposal . Its vital that the CIC Association can be truly representative of the CIC community, and we’ve drawn on some of the best practice in social enterprise to inform our opinion.