Module 11: Social Enterprise and CIC Pathway
Most coaches with a community calling don't need to become a charity — they need to understand the social enterprise pathway, especially the CIC. This module walks through what a CIC is and isn't, the asset lock, governance, funding reality, partnerships, impact measurement and how a commercial + CIC pairing (the MEMFitness + MEM Academy model) works in practice.
What you will learn
- What 'social enterprise' actually means in plain English
- What a CIC is — community interest statement, asset lock, annual reporting
- How sole trader, limited company, CIC and charity compare
- How to write a community purpose that passes the regulator's test
- What the asset lock prevents — and what it still allows
- Why CIC status is not a shortcut to grant funding
- Minimum governance, advisory layer and documentation
- How to build partnerships that compound rather than collapse
- How to measure outputs vs outcomes vs impact and report so it counts
- How MEMFitness (commercial) and MEM Academy (CIC) work alongside each other
Social Enterprise / CIC Canvas
Complete the worksheet at the end of this module to apply everything you learn.
Jump to worksheetLessons
- 1
Lesson 1 • ~7 min
What 'social enterprise' actually means
- 2
Lesson 2 • ~7 min
What a CIC is — and isn't
- 3
Lesson 3 • ~7 min
Sole trader vs limited company vs CIC vs charity
- 4
Lesson 4 • ~6 min
Community purpose and community benefit
- 5
Lesson 5 • ~6 min
Asset lock, explained simply
- 6
Lesson 6 • ~6 min
Why a CIC is not a shortcut to funding
- 7
Lesson 7 • ~7 min
Governance, reporting and accountability
- 8
Lesson 8 • ~6 min
Building partnerships that compound
- 9
Lesson 9 • ~7 min
Measuring impact (so it counts)
- 10
Lesson 10 • ~6 min
How MEMFitness and MEM Academy CIC connect commercial and community
Module worksheet — Social Enterprise / CIC Canvas
Use this worksheet to decide whether the social enterprise / CIC route fits your ambition — and if so, draft the building blocks: community purpose, structure choice, asset lock plan, governance, funding sequence, partnerships, impact model and a personal launch checklist.
1. Honest starting point
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2. Structure decision
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3. Community purpose
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4. Asset lock plan
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5. Funding sequence
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6. Governance
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7. Partnerships
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8. Impact model
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9. Commercial + CIC pairing
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10. Launch checklist
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Module 11 final action
Your social enterprise / CIC pathway is mapped
Lock in your honest current structure and 24-month target, draft your community interest statement, line up 3 advisors, and decide which small funding pot you'll apply to first to start building the evidence base.
Pressure-test my CIC idea in AI Studio