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On 9 October 2006 Territory Mapping became the 500th CIC to be registered. Territory Mapping C.I.C is based in Portsmouth and is engaged in providing training and coaching to charities, voluntary organisations and social enterprises, with emphasis on developing strategic business plans and improving overall performance.
In announcing the 500th CIC, John Hanlon, the Regulator of Community Interest Companies said,
“In just fourteen months we have seen CICs set up as cinemas, radio stations, special schools, ferries, railways, day–care centres and recycling units. In fact, the list is endless but they all have one thing in common. They are providing real and tangible benefits to communities throughout the UK. And I am particularly pleased to see that an increasing number of our CICs are helping the vulnerable and disadvantaged not only in the UK but also abroad.
“I remain optimistic as we look forward to the thousandth registration. I expect community interest companies to grow from strength to strength, delivering services in health, housing, transport and education securing contracts because they are the best in the market.”