Community Interest Company (CIC)

A Community Interest Company (CIC) is a type of limited company whose profits are reinvested in the mission of the organisation to benefit the community, instead of private shareholders. There are different types of CICs; they can be limited by guarantee or limited by shares. 

A CIC limited by guarantee is a company which has no share capital and cannot pay dividends. 

A CIC limited by shares has capital that is divided into shares for individuals to invest in. 

Looking Back, Moving Forward - Reflecting on my Apprenticeship

Blog
I joined the team at Good Finance in June 2021 whilst completing my Level 3 Digital Marketing Apprenticeship with Multiverse. During this time, I’ve had the opportunity to develop my skill-set whilst learning about some of the incredible and life-changing work that charities and social enterprises...

Think BIG. Make SPACE. Fund EQUITABLY.

Blog
It’s been several months since we hosted the Addressing Imbalance Live event. Since then, as a team we’ve reflected on many of the learnings that have come from the event and tried to understand how we can translate these into real actions. Our ‘Big, Hairy, Audacious Goals’ as Patricia Hamzahee...

Celebrating Changemakers: Circus Strong

Podcast
Next up in our 'Celebrating Changemakers' podcast series, we catch up with Holly Hutchinson, Founder of Circus Strong, a community organisation dedicated to providing friendly, judgment free aerial and fitness classes. They especially welcome the LGBTQ+ community and individuals who suffer from...

Circus Strong

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Holly Hutchinson and her business partner - Circus Strong

Circus Strong is a community organisation dedicated to providing friendly, judgment free aerial circus and fitness classes. They especially welcome the LGBTQ+ community and individuals who suffer from depression, loneliness and anxiety.

Duration
3 years
Cost of capital
Principal £27k interest £5,265
Turnover
NA (Start-up)
Investor Details
Key Fund
Amount invested
£35000
Product type
Unsecured loan (incl. overdrafts)

Greater Change

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Greater Change Team

Greater Change is a Community Interest Company that helps individuals to become free of homelessness.

Duration
NA
Cost of capital
NA
Turnover
£327,526
Amount invested
£400,000
Product type
Crowd-funded investment