
Community Interest Company
A Community Interest Company (CIC) is a type of social enterprise in the UK designed to serve the community’s benefit. It operates like a business but prioritizes social or environmental goals rather than profit. CICs must reinvest their profits back into their community projects or mission. They are regulated to ensure they focus on public interests and are suitable for organizations that want to make a positive impact while remaining financially sustainable. This legal structure helps build trust and transparency for those supporting or working with the organization.