Resource

CIC! - Guidelines for setting up a non-profit resident-run enterprise for managing community assets

Image:
Publication date:

Requirements:

  • A comprehensive vision for an area, with scope to be responsive to the growing and changing community, and adaptable over time, needs to be devised. This is used to guide a strategic management plan to develop pathways to achieve the vision, facilitating
  • Who should be involved? Some examples of transitioning activities include engaging interested residents in managing and maintaining green spaces, which could lead to activities such as local ecology and wildlife projects to enhance gardens and green space

Advantages:

  • Adopting alternative institutional models can provide a formal body with the power to manage resources and to operate with the primary objective of benefiting the community. A Community Interest Company (CIC), as a type of social enterprise, can be formal
  • This tool focuses on: economic sustainability , social sustainability, ecological sustainability, and institutional sustainability.
  • Type of main benefit: economic benefit, process innovation, community.

Constraints:

  • The challenge: In many large cities, there is a "perfect storm" of greatly reduced local authority funding, increased housing need and a common model of house building where private developers build dwellings and move on, with little requirement to invest

Licence:

  • Free, no licence

Development stage:

  • Full, working product
Resource link: