Complex sentence: A community interest company (CIC) is a new type of company introduced by the United Kingdom government in 2005, designed for social enterprises that want to use their profits and assets for the public good.
Split into simpler sentences: A community interest company (CIC) is a new type of company introduced by the United Kingdom government in 2005. A CIC is a new type of company, designed for social enterprises that want to use their profits and assets for the public good.