Community Asset Fund
The Community Asset Fund is a funding initiative from Sport England which aims to retain and develop space for sporting activity in local communities.
The Community Asset Fund (CAF) is intended to continue on from the previous Sport England funding initiatives (Inspired Facilities, Protecting Playing Fields and National Governing Body Capital Funding, such as the BEF’s Hoof capital funding). The aims are to provide the opportunity to retain and engage sport participants as well as provide a way for communities to access physical activity that will change lives for a greater social purpose.
This initiative is also here to help organisations meet the needs of the local community and support their work to retain customers and keep them involved in sport.
The applications are divided between small scale investments (£1,000-£15,000) that address emergency works and unexpected occurrences. Medium scale investments (£15,000-£50,000) for facility upgrades and new community spaces. Larger investments will be considered under exceptional circumstances but only where organisations can demonstrate considerable impact and/or that they are targeting under-represented groups and will be focused on statutory organisations (such as local authorities) and educational institutions.
To find out more information and to see whether your business proposal would be eligible please contact your Regional Participation Coordinator.
Get in touch with Sport England for detailed support either by email email@example.com or give them a call on 03458 508 508.