The £3m Sporting Capital Fund provides loan funding of between £50,000 and £150,000 to eligible organisations.
The simple, repayable, unsecured loans will be tailored to meet the needs of each organisation and will be repayable over 3 to 5 years. If needed, a repayment holiday of up to 24 months may be available, giving projects time to generate sustainable revenue before starting to repay the loan.
Sport Capital Fund can invest in organisations that are looking to develop new projects, operations and revenue streams. Whilst every organisations’ needs will differ, they expect the funding to be used for projects and activities such as:
- Equipment to support revenue streams
- Recruitment, training and deployment of staff and volunteers
- Equipment to support business functions, including finance, project management and governance
- Other operating costs
SCF can invest in a wide range of organisations from community sports clubs to social enterprises, charities and profit-with-purpose businesses that deliver sport and physical activity. Find out more on their eligibility criteria here.
Grant funding, through the Access Reach Fund, may be available for organisations that need support to get ready to take on repayable investment. Find out more here.