Sporting Capital was created in 2017 to demonstrate that there was a market for patient, flexible, repayable capital in the sport and physical activity sector, an industry that had to date been underserved by both the traditional and the social investment markets.
The £3m fund was designed and delivered by Sporting Assets and financed through the Growth Fund, a £50m partnership between The National Lottery Community Fund and Big Society Capital, delivered by Access through a range of social investors.
The Growth Fund is a partnership between The National Lottery Community Fund and Big Society Capital, delivered by Access through a range of social investors. It makes up to £50m available to support charities and social enterprises to grow and create social impact in their communities. The Growth Fund uses a combination of grant funding, made possible thanks to National Lottery players, and loan finance from Big Society Capital and other co-investors, to address specific gaps in the social investment market.
Over 5 years the £3m was deployed across a range of sports including: cricket, football, ice hockey, fencing, cycling, gymnastics, rowing, kayaking, boxing, bouldering, rugby league, kickboxing, hockey, multisport sites, fitness gyms, boccia, wheelchair based exercise, walking, swimming, and dance.
Whist the fund is not currently accepting applications, we are still keen to talk to potential applicants to have an initial chat to understand if the loan funding might be suitable for you.
If you are an England based social enterprise that delivers, or is planning to deliver, community-based services to meet the needs of local people. And these services use sport, or are delivered using a community sports setting. And you’d like loan finance to help you grow and develop please complete the Expression of Interest form on the link below to register your interest in our future funds.
Complete form
The social investment from Sporting Capital has been an invaluable resource, enabling us to respond quickly and flexibly to our rapidly changing environment and supporting the needs of the communities we seek to serve.
Anthony York
Founder and CEO, Boxing Futures
The team took time to understand our vision and believed in our ability to deliver on it. They introduced us to Sport England adding significant capital and revenue grants. This sort of partnership working was outside of our realm of imagination and completely unlocked our start up journey.
Emily Vermont
Founder and CEO, Indi Rock
The Sporting Capital loan gave us breathing space to get the business model up and running and start to generate revenues to support a fantastic community facility into the future.
Jeremy Hayes
Cycle Pathway CIC Director
This investment is the first time we have taken on repayable finance. We want to take our award-winning pioneering organisation to more leisure centres, making it mainstream and available for all who need it. The loan will be key to giving us the required staff and cashflow to grow over the next five years to achieve this.
Jake Turner
Operations Manager, Sport for Confidence
The investment from Sporting Capital has been invaluable, without the loan we would not have been able to start this project. The loan is flexible and really helped us to have the confidence to move forward with such a big project.
Tumble Gymnastics and Activity Centre
It is known that sport and activity has the power to transform lives.
It not only improves health and wellbeing but can boost individuals and their communities – and can create a fitter, healthier and happier nation. Sporting Capital enabled the delivery of these impacts at a greater scale. Our investments through Sporting Capital support over 200,000 people per year with all investments having a focus on physical and mental health and wellbeing.
When broken down, our investments show a focus on children and young people and those who are often the hardest to reach to engage in sport and physical activity; those with health conditions, mental health needs, those living in poverty, and older people.
Investees used a range of different sports and physical activities as the tool to deliver impact; from traditional team sports, to more niche activities and from fully inclusive to adapted forms of sports.
Projects
Sporting Assets supported IndiRock’s journey from an idea through to a widely acclaimed bouldering facility in Southend.
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Sporting Capital invested into Sport for Confidence CIC (SfC) with a loan of £100,000 to extend their work into more leisure centres. It helped their work become more mainstream, leading to ongoing growth and wider recognition.
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Sporting Capital invested £150,000 into Tumble Gymnastics and Activity Centre. The support helped Tumble open a dedicated facility, providing an inclusive approach to gymnastics and physical activity.
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