Monthly Archives: September 2018

The size of UK Social Enterprise in 2018?

Community Economics, Economic Thought, Enterprise Start-ups, Explanations, News, SocEntEastMids, Social Enterprise, , , , , , ,

Hidden Revolution, social enterprise - cover image and web link

View, print or download this SocEnt UK report here…pdf

The answer?

  • 100,000 SocEnt businesses
  • 2 million employees
  • Generating £60 billion of UK GDP

Source: Hidden Revolution – Size and Scale and Social Enterprise in 2018

A report by Social Enterprise UK

Perhaps no more words are needed…well maybe not!

  • 12% of social enterprises are led by someone from the BAME community.
  • 50% of social enterprises have developed a new product or service in the last 12 months.

Taking our sector mainstream?

We are mainstream!

 

Start-up Day 2018

Enterprise Start-ups, Events, Innovation, News, SME Support, SocEntEastMids, Tech, , , , , ,

A series of free events at your local Business & IP Centre, from the British Library and local authorities.

Startup Day 2018 - image and web link
Book your free place in Nottingham here…

Not overtly dedicated to the Social Marketplace, but a day of free engagement, idea exploration and support-signposting from a variety of key players in the enterprise and tech market encouragement sectors.

DATE AND TIME:  Thu 20 September 2018    09:00 – 16:30 BST

LOCATION: Nottingham Central Library, Angel Row, Nottingham, NG1 6HP

Other venues and events are available on the day. See more at…

Birmingham, Cambridge, Norfolk, Northamptonshire and Sheffield.

Book a place and get that inspirational spark for your idea!

CIC to a CIO – how to convert?

Enterprise Start-ups, Governance, News, SocEntEastMids, Social Enterprise, , , , , , ,

Did you know that if you are a Community Interest Company (CIC) you can apply to convert directly to a charitable incorporated organisation (CIO)?

Cio governance conversion - signpost image
Which direction?

At the end of August the Charity Commission have just published detailed guidance on what you need to achieve this change in your governance.

The guidance offers five key steps to go through in order to change your organisation status.

 

They are…

Step 1: Prepare a conversion resolution  – see more here.

Step 2: Adopt Charity Commission model constitution – see more here.

Step 3: Prepare a resolution adopting the CIO constitution  – see more here.

Step 4: Apply for charitable status  – see more here.

Also offered is guidance on what to do after you have applied – see more here.

You can find full details of the advice pages here – https://www.gov.uk/guidance/convert-a-community-interest-company-to-a-cio

Note: There is a nicely detailed article by Lucy Johnson-Cameron available on the ‘final word’ on the benefits of a CIO, just in case you are in mid-debate, see more here…

We are always happy to help in formative discussions about governance.

Contact us here.