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Welcome... Making a difference through sport
Sporting Capital Approximately 30 to 50 organisations are expected to benefit from the new £3m Sporting Capital Fund over the next three years. The loan funding will be used to help organisations develop new projects, operations and revenue streams.
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DEVELOPING new sports facilities is one thing, but keeping them going is quite another challenge. Enter Sporting Capital, the UK’s first social investment fund that focuses specifically on organisations and projects that help to develop communities through sport and physical activity.
Sporting Capital is the social investment arm of Sporting Assets, a community sports and social investment adviser which aims to grow a resilient and impactful community sports sector.
Its new £3m Sporting Capital Fund extends this vision by providing simple unsecured loan funding of between £50,000 and £150,000 to eligible organisations.
In this issue, we talk to Pete Maguire, managing director of Sporting Assets about how the fund can help organisations that make a difference through sport. (P14)
Editor Vicky Kiernander
Sales director Julian Walter
Production Gina Mitchell
Design Sandra Cid
Managing director Toby Filby
“Traditionally community sport has been funded by grants focused on sports participation, not the revenue generators required to cover the running costs of facilities or organisations. As a result, financial sustainability is a cause of concern in a significant number of community sports clubs and sport for development organisations.”
By providing affordable capital as well as support, Sporting Assets aims to help such organisations become sustainable community sports businesses, giving them more chance of long term success so that they can continue to make a difference in our communities.
Publishers Stable Publishing Limited SBC House, Restmor Way, Wallington, Surrey SM6 7AH, England. t. 020 8288 1080 f. 020 8288 1099 e.
info@stable-media.co.uk www.pactfacilities.co.uk
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The publishers do not necessarily agree with views expressed by contributors and cannot accept responsibility for claims made by manufacturers and authors, nor do they accept any responsibility for any errors in the subject matter of this publication.
Vicky Kiernander Editor
vicky@stable-media.co.uk
pactfacilities.co.uk 3
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