Comments on: e-Inclusion Recycling http://www.connectingbristol.org/2008/07/24/e-inclusion-recycling/ creative: smart: green: connected Fri, 30 Jul 2010 15:57:56 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kevin http://www.connectingbristol.org/2008/07/24/e-inclusion-recycling/comment-page-1/#comment-136739 Kevin Fri, 25 Jul 2008 09:00:49 +0000 http://www.connectingbristol.org/2008/07/24/e-inclusion-recycling/#comment-136739 I don't feel that I've made any claims for the CIC that could be characterised as wide of the mark- the form is based on existing company structures, and the asset lock ensures that the company operates to benefit the community. Some businesses fail- some prosper. I don't see that there is a fundamental flaw in the CIC arrangement that might make business failure more likely. I don’t feel that I’ve made any claims for the CIC that could be characterised as wide of the mark- the form is based on existing company structures, and the asset lock ensures that the company operates to benefit the community.

Some businesses fail- some prosper. I don’t see that there is a fundamental flaw in the CIC arrangement that might make business failure more likely.

]]> By: The Bristol Blogger http://www.connectingbristol.org/2008/07/24/e-inclusion-recycling/comment-page-1/#comment-136440 The Bristol Blogger Thu, 24 Jul 2008 18:40:01 +0000 http://www.connectingbristol.org/2008/07/24/e-inclusion-recycling/#comment-136440 Your claims about the politically fashionable Community Interest Company structure may be a little wide of the mark. The recent collapse of ECT - a flagship CIC with the domestic recycling contract for Bristol among many - and its subsequent fire sale to the private sector suggests social enterprise in its current form may not be quite the panacea its adherents claim. <a title="Going to waste" href="http://www.guardian.co.uk/society/2008/jul/16/socialenterprises.recycling" rel="nofollow"><em> The Guardian</em></a> had this to say: <blockquote>The takeover of ECT has not just been a shock to the staff, it has also threatened to expose as hype ministers' claims that social enterprise can play a major role in delivering public services, and has raised questions about the value of the government-backed legal structure for social businesses, the Community Interest Company (CIC)</blockquote> Your claims about the politically fashionable Community Interest Company structure may be a little wide of the mark.

The recent collapse of ECT – a flagship CIC with the domestic recycling contract for Bristol among many – and its subsequent fire sale to the private sector suggests social enterprise in its current form may not be quite the panacea its adherents claim.

The Guardian had this to say:

The takeover of ECT has not just been a shock to the staff, it has also threatened to expose as hype ministers’ claims that social enterprise can play a major role in delivering public services, and has raised questions about the value of the government-backed legal structure for social businesses, the Community Interest Company (CIC)

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