Sport Industry Funding: What’s Out There?

Sport Industry Funding: What’s Out There?

£££’s available for businesses within the industry, but what for and how can you access it?

Introduction

There are an array of different opportunities available for professional and semi-professional sports clubs in terms of funding. These opportunities, however, are often not widely communicated and can, therefore, be difficult to access.

Funding is available for a number of different projects, many of which are aimed at improving or refurbishing sports facilities and playing fields, and for new or extra equipment (among other things). Many of these funds are provided or sourced by National Governing Bodies such as the FA, England Rugby, the England & Wales Cricket Board and Sports England, as well as through smaller organisations and charities.

Across 2017-21 Sport England is dedicating time, expertise and at least 25% of our total investment to tackling inactivity. This includes direct investments through a new, dedicated National Lottery fund of £120 million, and ensuring that a proportion of their funding for local delivery, children and young people, and facilities also benefit society.

How We Can Help

There’s plenty of money out there to be put toward your projects and plans to improve your club, you may simply need a helping hand in finding these opportunities and securing the fund as the process can often be quite time-consuming, particularly if it’s not something you’re familiar with.

T4C are here to help. We are able to not only seek out different funding options for you, but also guide you through the process of becoming fund ready, understanding what you’ll need in order to make an application and writing the final bid.

Featured Funds

Sports England provide many different funds that target different areas of interest each year. These include:

Active Ageing - £50,000 - £500,000

This scheme focuses on inactive adults ages 55 and over.

Tackling Inactivity and Economic Disadvantage - £10,000 - £150,000

This scheme focuses on inactive people from a lower-socioeconomic background.

Tackling Inactivity in Colleges - £50,000 - £150,000

Focuses on students aged 14-19, giving priority to those of a lower socioeconomic background.

Children and Families - £50,000 - £500,000

Focuses on families with children ages 5-15 on low income and in higher areas of deprivation.

Opportunity Fund - £50,000 - £150,000

Focuses on adults aged 20+ from economically disadvantaged communities.

Potentials fund - £50,000 - £150,000

Focuses on children and young people aged 10-20.

Helping The Active Stay Active While Life Changes - £50,000 - £500,000

Focuses on those going through life transitions, priority to those from a lower socioeconomic background.

Community Asset Fund - £1,000 - £150,000

Focuses on local infrastructure that gives people the opportunity to get active.

Strategic Facilities - £500,000 - £2,000,000

Focuses on local authorities, but can also include different organisations.

Featured Community Funds

The National Lottery also run several different schemes which are applicable. These target things like community development and improving facilities. Below are a few examples of National Lottery Schemes:

Reaching Communities England - £160,000,000

Available each financial year, the fund is currently paused until 2nd April 2018. The fund aims to create lasting and sustainable changes to communities, they have been known to fund many different sports-related projects.

National Lottery Awards for All - £300 – £10,000

Aimed to support what matters to people and their communities, it can cover equipment, small capital projects training costs, staff costs among other things.

Contact Us

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T4C are business growth specialists with a focus on working with companies to access the funding arena with an aim to aid their growth aspirations. We undertake detailed analyses of each business we work with and have a range of in-house experts who can develop further growth opportunities across a variety of areas such as funding, access to finance, tax relief, training, and marketing.

Any clubs who think they may be eligible for funding or have an interest in learning more about the services we offer can contact us by:

0333 990 0125

 

contact@t4cuk.com

 

Commerce House, Commerce Park, Wirral, Merseyside, CH41 9HP

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