Downturn fuelling community interest companies

AN increasing number of community interest companies are being established in Yorkshire, triggered by the economic downturn and public sector cuts.

CICs allow people to create socially beneficial enterprises coupled with the ability to attract grant funding.

Local authority cut backs are driving the demand for CICs as public funds are inadequate to address many social issues, according to Duncan Milwain, director and head of the wills, trusts and estates department at Lupton Fawcett.

Social success: (l-r) Duncan M... For the full story register now for free or login below...