Social Enterprises and Community Interest Companies

Business, Innovation and Skills written question – answered at on 3 December 2010.

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Photo of Paul Maynard Paul Maynard Conservative, Blackpool North and Cleveleys

To ask the Secretary of State for Business, Innovation and Skills what mechanisms his Department has in place to support social enterprises and community interest companies.

Photo of Mark Prisk Mark Prisk The Minister of State, Department for Business, Innovation and Skills

I recognise the important role that the social enterprise sector can play in supporting future growth in the economy.

The Department is working closely with the Cabinet Office, who have lead policy responsibility for social enterprise, to ensure that the coalition Government policy increases the impact of social enterprises and their contribution to a strengthened civil society. This Department's approach is to ensure that all our work that impacts on SMEs takes proper account of the social enterprise dimension.

The Office of the Regulator of Community Interest Companies (CICs) provides guidance and assistance about matters relating to CICs. This includes the provision of guidance leaflets, forms, templates of memorandums and articles of association, and awareness raising activities.

This Department is currently examining the information made available on Businesslink.gov.uk to ensure that all businesses and other organisations are able to make appropriate choices about the legal forms and ownership structures that best suit their operations.

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