The Government and Sport England have set out details of support for organisations who are experiencing financial difficulties as a consequence of the Covid-19 outbreak. If your club is registered with HMRC you should explore the Government options first. For those clubs who are unincorporated, and operate as a members club, please explore the Sport England funding.
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by Covid-19. This includes a package of measures to support businesses, including:
* a statutory sick pay relief package for small and medium-sized enterprises (SMEs)
* a twelve-month business rates holiday for all retail, hospitality and leisure businesses in England
* small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
* grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
* the Coronavirus Business Interruption Loan Scheme, offering loans of up to £5 million for SMEs through the British Business Bank
* a new lending facility from the Bank of England to help support liquidity amongst larger firms, helping them bridge Coronavirus disruption to their cash flows through loans
The HMRC website is advising that local authorities will be writing to you if entitled to the grants, and at which level (£10k or £25k) shortly but, if you haven't heard when everyone else starts receiving their notices, you should contact the local authority to whom you pay your business rates. More details can be found by following this link.
Has anyone in grassroots football tried to apply for Government funding yet?
The Thurrock Association Sunday League, who operate the Lakeside Sports Ground, have been working hard on exploring the opportunities and have been keeping us updated with their progress. You can find a link to this case study here.
Sport England Community Emergency Fund
The Community Emergency Fund aims to deliver immediate funding to those most in need. It's specifically targeted at organisations who have a role in supporting the nation to be active but who are experiencing short-term financial hardship, or the ceasing of operations due to the ongoing crisis.
The types of organisations eligible include local sports clubs forced to close at short notice (but who are facing ongoing costs around maintenance and utility bills) and voluntary and community sector organisations who deliver or enable sport and physical activity.
What it will fund:
The fund has been developed to help community sport and physical activity organisations meet their obligations, in particular fixed costs, which are no longer supported with revenue as a result of Coronavirus. This might cover expenditure on:
* utility costs
* facility or equipment hire
* core staffing costs (including casual workers) which cannot be met elsewhere by other Government funds
Key points to note:
* grants of between £300 to £10,000 are available
* Sport England expect that applicants will have exhausted all other Government funding sources before applying to this fund
* given the enormity of the current crisis, there will be a lot of interest, so we encourage clubs to look at this as soon as possible - Sport England are likely to get more applications than they are able to fund, so they will direct funds to where they’re most needed
For further information, and to start an application, please follow this link. We are keen to hear from clubs/leagues who progress with an application as we’d like to develop a case study to share with everyone.