Sporting Capital is an investment fund that focuses on supporting the sustainable development of community sports organisations. The £3m fund is the first of its kind, and offers investment in the form of simple, repayable loans of between £50k to £150k. They expect to invest into around 30 to 50 organisations between now and June 2020.
Sporting Capital was officially launched by Tracey Crouch, Minister for Sport and Civil Society, last week at their first investment, Cycle Pathway CIC, the community organisation who operates Leeds Urban Bike Park.
They have further investments in the pipeline and are keen to encourage more applications from projects across England.
Please contact Pete Maguire on pete.maguire@sportingcapital.org.uk if you would like to know more, or follow @SportingCapFund.