The Touchwood Project

If you’re a social enterprise — business with a social purpose whose profits go entirely towards that purpose — in the UK, then you might want to think about becoming a Community Interest Company. What is a CIC? Community interest companies (“CICs”) are a new form of limited company set up by the UK government which may be able to help you get more funding, advice and trust from your community and potential… Read the rest of this article >>

[Update: Well, RBS has turned us down. It's not a complete surprise, but it would have been nice if it hadn't taken 4 weeks to find out. So now we're on to Social Investment Scotland, who offer loans only to social enterprises in Scotland who have been turned down by commercial banks. We've sent our business plan and financial projections, and filled out a pretty comprehensive application form. So here's... Read the rest of this article >>