Sports Minister encourages community organisations to access Sporting Capital Fund

Sports Minister Tracey Crouch was in Leeds this week to visit an urban bike park which is being supported by the UK’s first ‘sport for social impact’ investment fund.

The £3million Sporting Capital Fund was created by Sporting Assets, the leading sport for social impact advisor, in partnership with the Access Foundation. It is funded by the Growth Fund, which was set up by the Big Lottery Fund and Big Society Capital to support social investors committed to meeting the funding needs of charities and social enterprises

The Sporting Capital Fund offers loans of between £50,000 and £150,000 to eligible projects in the form of a simple, repayable and unsecured loan, and is aimed at supporting and sustaining healthy and resilient communities with sport and physical activity at their heart.

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