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There has been a lot of talk lately about the extent to which the legal structure of a social enterprise or a social business matters, and the community interest companies featured in this top list make the most of their legal structure.
According to the
Department for Business Innovation & Skillsin the U.K., “Community Interest Companies (CICS) are limited companies, with special additional features, created for the use of people who want to conduct a business or other activity for community benefit, and not purely for private advantage.”
At the recent 2011 Social Finance Forum, many social entrepreneurs and investors alike lamented at the fact that Canada doesn’t have the legal structure necessary to allow the same sort of environment to flourish. However, the general theme was to get whatever you want to get done, regardless of whether or not the perfect legal structure is available. You can’t wait for policymakers to come around.
Check out these community interest companies, from technological literacy programs to community craft ciders and affordable natural health centers.