​WHAT IS A COMMUNITY INTEREST COMPANY (CIC)?

A CIC is a special type of limited company which exists to benefit the community rather than private shareholders. All CIC's are asset locked - this means that the company’s assets will only be used for its community objectives. In addition to this none of our Directors take dividends from the business.

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WHAT IS THE CIC'S RELATIONSHIP WITH DERBY UNCOVERED?

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Derby Uncovered CIC has been founded by the same team of people who run the Derby Uncovered Newspaper, Artisans Uncovered and the Derby Uncovered Walks and Events. We are a small and passionate team who take great pride in our city and we want to play a full and active part in revitalising the parts of it that require it. Derby Uncovered CIC - though it shares very similar branding to Derby Uncovered - is an entirely separate legal entity that has been set up as a fully regulated company that is eligible to apply for, and can receive, grant funding to enable us to do this.

 

WHERE WILL YOU GET YOUR FUNDING FROM?

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Our intention is two-fold. Firstly we wish to create locations - such as the Derby Heritage Centre - that generate finances that help us stand on our own two feet. Secondly we intend to raise funding from a mixture of applications to bodies such as the Heritage Lottery Fund and the Awards for All fund as well as from private and social investors and sponsors.​.

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HOW CAN I HELP?

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There's a lot of ways you can help. Though our intent is to source funding, often that funding requires that we raise a certain amount ourselves, so we will be needing volunteers with spare time to help us fundraise. Our contribution to fundraising can also be "in-kind" as well. This means that if any local businesses or tradespeople provide their time to us free of charge that may count as donated funds, so if you feel you can help that way then we'd be very grateful.

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WHAT SORT OF PEOPLE ARE YOU LOOKING FOR TO GET INVOLVED?

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Quite simply we're looking for positive-minded people. Derby has both a wonderful history and heritage and a great deal of things that we can be proud of. Let's take that pride and use it as a driving force to make positive changes towards our future.​​

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