The £3m Sporting Capital Fund provides loan funding of between £50,000 and £150,000 to eligible organisations. The fund looks to enable charities and social enterprises who use sport to make a difference to grow, sustain and succeed. We recognise that social investment is new to many organisations and so will provide wrap around support during the application and beyond.
Our 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.
The loans are flexible and can be used to support costs such as salaries, new equipment, and internal fit out of buildings, new technology, marketing and business development.
We can invest in organisations that are looking to develop new projects, operations and revenue streams. Whilst every organisations’ needs will differ, we 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
We 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.