Posts Tagged ‘Community Interest Company’
As the lifeblood of every economy small businesses are at times a fairground of ride of passion, creativity, risk taking, commitment and increasingly values driven considerations. Rather than me attempting to bravely interpret their stories I thought I’d let them tell you themselves. Some are very new businesses, some are well established. Some are officially social enterprises, some are private limited companies. To me it doesn’t matter.
This is the first in a series about real people with wonderful ideas and lessons to be shared. If you know about an entrepreneur with an unsung story of innovation, success or lessons to be shared let me know and let’s spread the word.
First up is Peter King, Founder of Ethecol. Ethecol is a social enterprise, as a registered Community Interest Company (CIC), that aims to challenge the stale financial services industry. By providing merchant services (Chip & Pin card payment terminals & tariffs) and donating all of the profit from every card transaction to good causes, Ethecol is a beacon of virtue in a stagnant crowd of profit blinkered banks.
Written by davidcoethica
February 8, 2011 at 2:39 am