Sport England's Community Asset Fund - Update
Posted: Mon, 23 Oct 2017 14:55
Sport England's Community Asset Fund has received an exceptionally high volume of applications since the programme opened at the end of January.
They have received more than 1,456 applications requesting a total amount of £75m to 1st October. This figure exceeds their budget for the year by more than 500%.
As a result, the assessment process is taking longer than anticipated and the current turnaround time is now estimated by Sport England to be approximately 8-10 weeks. This period may increase for some applications where they need to clarify project details.
The Community Asset Fund provides capital grants between £1K and £150K to:
* Improve and protect existing sports facilities that support the needs of local communities or
* Invest in new and different places that meet the needs of local communities, which include Sport England's target audiences
Sport England also want to:
* Ensure their capital investment reaches organisations who have not accessed their funding before.
Derbyshire Sport has put together some hints and tips to help you complete the Expression of Interest form for this fund. See below:
* Create a more resilient, sustainable, less grant dependent sport sector.