Do You Really Need a CIC?

Do You Really Need a CIC? Purpose, Funding and Sustainability Before Paperwork

Community Interest Companies (CICs) have become an increasingly popular option for people wanting to address a social need, launch a community project or start a social enterprise. However, many aspiring founders begin by asking, 'How do I set up a CIC?' when the more important question is often, 'What is the best structure for achieving the impact I want to create?'

This practical and thought-provoking webinar will help you make an informed decision before committing to a legal structure. We will explore some of the most common reasons people consider setting up a CIC, including access to funding, the ability to employ staff, and the perception that CICs are simpler than charities, and examine whether these assumptions stand up to scrutiny.

During the session we will cover:

• What a CIC is and how it differs from a charity and other legal structures
• Common myths and misconceptions about CICs
• The responsibilities of being a CIC director
• Why a sustainable business model is essential
• The reality of funding opportunities for CICs
• Questions to ask before establishing a new organisation
• Alternative options that may be more appropriate for your idea

Whether you are at the early stages of developing a community project, exploring a social enterprise idea, or simply trying to understand the pros and cons of different organisational structures, this webinar will help you assess whether a CIC is genuinely the right fit for your objectives.

Date: Thursday 19 November 2026
Time: 11.30pm-1.00pm
Venue: Online

Who should attend?
Community groups, aspiring social entrepreneurs, project leaders, voluntary sector organisations and anyone considering setting up a CIC or other not-for-profit organisation.

Enquiries

Please contact Sharon Phillips if you have any questions regarding this webinar via email at sharonphillips@lancastercvs.org.uk or telephone the LDCVS office on 01524 555900.