Macclesfield Cricket And Amateur Sports Club Funding Report Construction Essay

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When we were first approached with the task of conducting an investigation into the redevelopment of the existing clubhouse for Macclesfield Cricket Club, it became apparent in the early stages of the project that the management of finance was going to be a key factor in the overall success of the project. Throughout the following report several financial options need to be addressed both in the long term and short term, analysing funding schemes that are financially viable and whether or not the various schemes would help to cover most of the total cost of the project.

Firstly, a key method of gaining sufficient financial income is to research into various funding and grants schemes available to a project of this nature, some of which were highlighted during the 'question time' event held by the University of Salford, such as sponsorship and advertisement possibilities. In order to achieve some of the grants made available certain criteria must be fulfilled which is where certain sectors throughout this report will be summarising the conditions that have to be met for the award of each individual grants.

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Obtaining a grant of a sufficient sum can be seen as the core process of short term funding for a project of this type but it is well worth highlighting the fact that the current state of the economy may stand as a contributing factor that will make it far more difficult to obtain funding. Due to the recession government funding and finances are limited resulting in people and organisations more reluctant to part with their money therefore more traditional methods of finance such as fundraising activities and donations can in some cases be difficult to obtain.

Although there are many grants made available throughout the UK, it is highly unlikely that this project will be eligible for them all, or that sufficient finances will be raised solely on the awards of grants. Considering this, we must investigate into other financial options such as increased revenue of facilities within the clubhouse.

The client has stated that income generation from revenue in facilities must not rely solely on member's fees and with the club becoming more than just a 'cricket club', perhaps more of a centre which is to be used by everyone to benefit the community, than alternative revenue generating activities that could take place outside normal match and training times need to be considered for example, a day care centre for children might be a useful investment.

In summary, this report is compiled to provide clear indications to the client of how financially viable various funding and grant schemes are in relation to the project, which is a means to assess how easily our projected costs can be covered, with minimal disruption to the club and its current financial state.

Grants and Funding Schemes

In this section of the report we will begin to explore the various grants made available to the project such as ours and thus highlighting the important features of each scheme in order to analyse how viable they are. Below are the potential grant and funding schemes that are achievable for a project of this nature should the client so choose to implement.

Sports England - Sportsmatch

Sports England offers a variety of funding programmes that are committed to the investment of organisations and projects that will grow and sustain participation in grassroots sport and create opportunities for people to excel at their chosen sport.

Sportsmatch awards non profitable organisations that have secured sponsorship to deliver new community projects to grow or sustain participation in sports. This is a competitive programme and in the past two years the scheme has received requests for funds which exceed the available budget.

The aim of sportsmatch is to generate commercial sponsorship in to sport and uses money from the government to encourage new sponsorship of grassroots community sport. Priority is given to applications seeking to match sponsorship from the commercial sector but donations from private individuals or charitable trusts are also acceptable.

Sportsmatch particularly wants to fund projects which engage groups that are currently underrepresented within sport, for example women and girls, people with disabilities, and black and minority ethnic communities.

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Awards of between £1,000 and £100,000 can be made to match funding from no more than five sponsors, with each sponsor contributing a minimum of £1,000. Sport England funding for the project must be spent by 31 March 2012.

Project Eligibility:-

Applications will need to meet the following criteria in order to be eligible for this type of funding:

Sportsmatch can only fund non for profit organisations and statutory bodies such as sports clubs.

Project must demonstrate that it supported delivery of Sports England's strategic outcomes of growing or sustaining participation in sport.

Project must start no sooner than 12 weeks after submission of your complete application and supporting documents.

The project must be focused only on sports currently recognised by Sport England and delivered to beneficiaries based in England

Sponsorships need to be from commercial companies, private individuals or charities/charitable trusts providing a minimum of £1,000

Sportsmatch can match up to five eligible sponsors, each of which must contribute a minimum of £1,000

It is emphasised that this grant scheme is a competitive programme with the past two years receiving request for funds that exceed the budget. Due to this being a highly competitive programme it is important that the criteria's for this programme are met. Although this grant programme relies on matching eligible sponsorship that the club gains it can still prove to be an acceptable funding source for this project.

Further information is available at:

http://www.sportengland.org/funding/sportsmatch.aspx

Sports England - Iconic Facilities

An alternative funding scheme to the sportsmatch programme is the iconic facilities grant previously known as the Sustainable Facilities Fund which is also instigated by Sports England. This programme draws on the inspirational pull of London 2012 to create local beacons for grassroots sport to help transform places where people play sport, in cities, towns and villages across the country.

The iconic Facilities fund is investing £30m over the next three years in innovative, large-scale, multi-sport facilities' projects that are regionally significant for at least two sports and can demonstrate long-term financial viability.

This programme has continuously highlighted the importance for projects to be sustainable in the long term for them to be willing to invest in the project for example projects that are able to bring in enough revenue to maintain high standards of facility provision and customer service and a varied programme of sports opportunities and sports development outreach work.

Project Eligibility:-

Be submitted by an organisation entitled to receive public funding such as sports clubs, voluntary or community organisations, local authorities and education establishments such as schools, colleges and universities.

Benefit all sections of the local community as well as being regionally significant.

Request funding for the development of capital infrastructure, which can be taken to contribute to the costs of new build, modernisation and major fixed equipment where it is an integral part of a project.

Not include costs of non-fixed equipment as this is not covered by the fund

Request funding for elements of a capital project which have not yet started on site

Be based on a site where the applicant holds ownership or long-term leasehold

Include recognised sporting activity of at least two recognised national governing bodies.

Include confirmed partnership funding from at least one third party including the private sector, or the applicant must supplement our investment for capital infrastructure.

Include revenue funding which is confirmed to demonstrate the long term sustainability of the project.

There is never any guarantee that an application for a grant will be successful but for this programme, to stand the best chance of being awarded a grant we must demonstrate that is sustainable creating long lasting partnerships between public, private and commercial organisations. As well as this applications will be assessed on its ability to achieve four key sustainable facility principles; impact, sustainability, Deliverability and Additionality.

Further information is available at:

http://www.sportengland.org/funding/sustainable_facilities.aspx

Big Lottery Fund - Reaching Communities: England

The Researching Communities programme is one of many funding schemes set up by the big lottery fund UK which aims to help fund projects of new or existing builds that helps to improve people and communities most in need. The Reaching Communities programme has two strands:

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Reaching Communities - funding from £10,000 to £500,000 for revenue projects and/or smaller capital projects up to £50,000

Reaching Communities buildings - funding of between £100,000 and £500,000 for large capital projects

This is an on-going programme that initiated in December 2005 with the aim to fund projects that will replace or improve buildings where a wide range of community activities take place and in turn creating an impact long after the project is completed.

They want to encourage the following changes to communities as a result of their funding:

Respond to need - situation where something needs to change

Involve the people who will benefit from the project in planning and running the project

People having better chances in life, with better access to training and development to improve their skills

Stronger communities, with more active citizens working together to tackle their problems

Improved rural and urban environments, which communities are better able to access and enjoy

Healthier and more active people and communities

Although this may seem like an ideal programme for sourcing funding, the problem lies with the limited funding available for this programme and with the significant demand for this funding. The programme has stated that the capital funding for buildings over £100,000 will only be made available to the most deprived areas of England.

For Further Information see site below:

http://www.biglotteryfund.org.uk/prog_reaching_communities?tab=1HYPERLINK "http://www.biglotteryfund.org.uk/prog_reaching_communities?tab=1&regioncode=-uk"&HYPERLINK "http://www.biglotteryfund.org.uk/prog_reaching_communities?tab=1&regioncode=-uk"regioncode=-uk

Big Lottery Fund - Awards for All England

The Awards for all England programme is an on-going scheme set up on April 2009 and is described as a simple small grant making awards of between £300 and £10,000 to help improve local communities and the lives of people most in need. If we can get the club to agree to develop the clubhouse as a community centre, available for use by all then we may be able to bring in further finance from schemes such as this.

In some cases small sums of money can have a big impact on a project and with this scheme and organisation can receive up to a maximum of £10,000 in any two year period. There are several aims for the 'Awards for All' programme, and in order to receive funding from this scheme we must meet one or more of the following desired outcomes:

People have better chances in life - with better access to training and development to improve their life skills

Stronger communities - with more active citizens working together to tackle their problems

Improved rural and urban environments - which communities are better able to access and enjoy

Healthier and more active communities

Project Eligibility:-

Applications will need to meet the following criteria in order to be eligible for this type of funding:

You are a not for profit group, or you are a parish or town council, school or health body you have a bank account that requires at least two unrelated people to sign each cheque or withdrawal

You have a governing body with at least three unrelated members

You can spend the grant within one year

You have a bank account that requires at least two unrelated people who do not live at the same address to sign each cheque or withdrawal

It is continuously highlighted on the programmes website that this grant is for not for profit organisations and it is stated from Macclesfield Cricket Club that it is a none-profit club, but instead it is trying to adopt an approach towards more of a community based club, which in turn fulfils one of the desired outcomes that this programme has stated.

Further information is available at:

http://www.awardsforall.org.uk/england/index.html

Big Lottery Fund - Fair Share

Another grant programme made available by the Big Lottery Fund is the Fair Share scheme; the scheme first opened in January 2003 with the purpose of helping parts of the UK that missed out on the lottery funding in the past. The Fair share trust programme's main criteria's are:

Build Capacity and Sustainability - by involving local communities in decision making about lottery funding

Build Social Capital - by building links within and between communities to promote trust and participation

Improve liveability - by improving the living environments for communities.

The Fair Share Trust's aim is to build community skills, confidence, experience and networks to improve local neighbourhoods and leave a positive lasting legacy in areas that have not received their fair share of Lottery funding in the past. To help achieve this has a total available budget of £50 million, offering grants ranging from £5,000 - £250,000 with some flexibility.

Further information is available at:

http://www.biglotteryfund.org.uk/prog_fairshare_uk?tab=1HYPERLINK "http://www.biglotteryfund.org.uk/prog_fairshare_uk?tab=1&regioncode=-uk"&HYPERLINK "http://www.biglotteryfund.org.uk/prog_fairshare_uk?tab=1&regioncode=-uk"regioncode=-uk

E.ON - Sustainable Energy Fund

Every project is interested in implementing some sort of sustainability as long as it comes at the right cost. The E.ON Sustainable Energy Fund has been developed to help recognise the importance of developing sustainable energy solutions and also the role that community organisations can play in leading by example and influencing communities on the benefits and importance of using energy wisely.

To achieve this awareness E.ON Sustainable Fund offers grants of up to £20,000 to community groups and non for profit organisations that wish to implement sustainable energy project in their buildings.

Project Eligibility:-

Benefit for education group or vulnerable people or people in fuel poverty

Projects MUST result in the creation of renewable energy and/or a reduction in the amount of energy used

Funding cannot be granted for feasibility studies.

Project MUST complete within 12 months of the grant being awarded

E.ON must be the sole corporate sponsors of the project. However applications from projects supported by joint funding from matching public sector funding are accepted. Projects that have secured public sector funding are eligible to apply.

Cannot apply for more than 20,000 pound.

The maximum grant we will award is 90% of the total cost of the measures applied for. Please let us know the percentage of the proposed energy measures you want to install. For example, if the total cost of a turbine is £10,000 and you are asking for £9,000. The percentage of the installation is 90%.

Cannot apply for funding if work has already begun on your project

Funding can ONLY be sought for non-residential facilities.

Applications for funding will be assessed at least twice a year by the E.ON Sustainable Energy Fund committee.

The acceptance of this grant will depend upon how much sustainability will influence the design of the project. If the application is successful the grant will need to be used to fund sustainable energy solutions within the project as appose to using the grant on facilities and external works etc.

Further Information is available at:

http://eon-uk.com/about/SEFfundingcriteria.aspx

Football Foundation - Facilities Grant

The Football Foundation's Facilities Grant may not be an obvious funding solution for Macclesfield Cricket Club, but as the clubhouse is now trying to establish itself as a multi sports club than this project falls within the boundaries of this scheme.

This Facilities Grant will provide the necessary finances to develop new or improve facilities for community benefit. These include changing rooms or clubhouses, grass or artificial pitches, multi-use games areas, pavilions and fixed floodlights.

Who can apply?

This funding scheme is open to any applications from football clubs, multi-sports clubs, local authorities, all educational establishments, registered charitable organisations, not for profit companies limited by guarantee, industrial and provident societies and unincorporated not for profit organisations.

The purpose of this programme is that they aim to support projects that:

Improve facilities for football and other sport in local communities.

Sustain or increase participation amongst children and adults, regardless of background age, or ability.

Help children and adults to develop their physical, mental, social and moral capacities through regular participation in sport.

The Foundations new funding agreement for 2010 through to 2013 was initiated on the 1st of June, with some elements of the new project criteria already agreed upon, details below:

The maximum grant available from the Foundation for each facility project will be £500,000.

Rather than specifying a percentage partnership funding target, every application will be judged and prioritised on its merits with recognition going to projects that have demonstrated they have examined a wide range of additional funding sources and committed themselves to local fundraising initiatives.

A greater emphasis on the 'Build the Game' Scheme, with varying levels of grant available.

Removal of the 20% revenue tail - all future revenue requirements will be considered during the pre-application process and justified on a case-by-case basis, depending on the football development needs.

This funding programme could potentially provide a significant percentage of the overall funding necessary to fund our project. Seen as this scheme can be of substantial value to the successful completion of our project it is important that we do not associate the new clubhouse as 'just a cricket club' but provide areas for alternative sporting activities to take place.

For further information see site below:

http://www.footballfoundation.org.uk/apply/facilities-grants/facilities-grant/

The Cricket Foundation - Chance to Shine

The Cricket Foundation is the independent, registered charity that raises the funds necessary for the Chance to Shine programme. Chance to Shine recognises the power of competitive cricket to help young people acquire skills, values and attitudes. It is a campaign to enhance education, to promote aspiration, to encourage inclusion and to create cohesive communities.

This programme was first launched by the cricket foundation charity in 2005 and even today still continues to raise money for the programme. The charity is supported financially by the England and Wales Cricket Board, as well as Marylebone Cricket Club, The Lord's Taverners, Brit Insurance, Slazenger and many other companies and private individuals. The Government through Sport England has pledged to match-fund money raised by the charity.

To become involved with this programme your club must be recognised by its local county cricket board as a 'focus club' and is Clubmark accredited. Chance to Shine is a national programme delivered through individual projects taking place throughout every part of England and Wales via County Cricket Boards.

The Cricket Foundation is committed to raise £25 million from the private sector, money that over ten years the Government is committed to match through Sport England. Each project provides a structured coaching and competition programme for a group of up to eight primary and secondary state schools. The group of schools is supported by professional, qualified coaches engaged by one local cricket club.

A Chance to Shine club needs to deliver:

A 280-hour programme (unless a different number of hours have been agreed) to a cluster of up to eight schools throughout the spring and summer term.

Sessions delivered at a cricket club aimed at encouraging new members.

On the job training to teachers.

And a Chance to Shine club must be able to monitor the programme and provide online data against Chance to Shine Key Performance Indicators

Although initially it may seem that this programme does not provide a profit for the club, but in the long term a Chance to Shine club will benefit from strong partnership with local schools, an increase in junior members, development of club coaches, increased media exposure and a significant drive to club development. This programme has many long term benefits and should be taken into consideration due to the importance of media exposure and a strong partnership with local schools.

Further information is available at:

http://www.chancetoshine.org/

Cash 4 Clubs Programme

The Cash 4 Clubs programme is a small sports grant scheme aiming to support grassroots sports clubs all over the country. The programme has already invested over £30,000 over the past year to those deserving sports clubs up and down the country. The awards for this grant range from £250, £500 and to a maximum of £1000. As a small grant scheme the money from this could go toward renovating some current facilities, buying new equipment for sports or even a new kit.

Who can apply?

Any sports club that is registered with its sports' National Governing body or local authority can apply. We do not restrict entries to certain sports or certain activities. You might be looking for funding to help with coaching of young kids or you may be after a grant to help buy a new boat or help renovate your current facilities. As long as you can show us that you are serious about making your club a better place for your members then you are eligible to apply for funding.

No preference is given to types of sport or the age of people involved with the club, but we do look for sports clubs that play an active role in the community. Sport is a great way for the community to get together socially and get active and keep fit at the same time.

Our objective is to develop a multi sports club that has a strong connection with the local community. This funding scheme is looking to award grants to a club in our situation therefore it is a viable option for a small grant. Application deadline are held three times a year and the next round of judging will be in March 2011.

Further information is available at:

http://www.cash-4-clubs.com/apply-for-a-grant/

Comic Relief - Sport for change

Comic Relief are fully committed to funding work across the UK and are particularly keen to ensure that they reach areas and groups of people who often miss out. As such, we accept applications from the voluntary and community sector throughout the UK including:

• constituted voluntary and community groups

• Charities

• Social enterprises

• Co-operatives

• Faith organisations

• Community interest companies

Sports for change is just one of the many programmes supported by Comic Relief, and an organization can only make one application to one programme at any given time.

They can provide grants ranging between one and three years.

They will fund both Revenue and Capital costs.

They recognise that a true reflection of the cost of your project may include some organisational running costs. This is sometimes known as Full Cost Recovery. They are happy for you to include this expenditure in your budget.

The grant programme that we will be interested in is the Sports for change scheme whereby this programme was developed to support a range of innovative projects that are using sport as a tool for making a real difference in the communities in which they are based.

Sports for change is not particularly interested in the health or participatory benefits that sports provide, but rather concentrate more on the social awareness aspect and emotional opportunities that sport can provide.

Project Eligibility: -

Organisations that are interested in funding need to demonstrate how their work will help deliver one or more of the following outcomes:

An increased sense of inclusion and wellbeing for marginalised and disadvantaged people.

Greater community involvement

An increased understanding of how sport can help bring about positive changes in the lives of individuals and communities.

Greater knowledge across the community and sports sectors about effective work which uses sport as a tool for social change.

When the sports for change programme was set up its aim was to understand more about how sport can play in delivering positive change within the lives of individuals and communities. It was also to help understand how sport can be used to tackle identified social issues to achieve a measurable social change and to help achieve this outcome; the maximum grant available for this programme is £100,000 in total.

How to apply: The Sport for Change cycle will be open for applications on 8th April 2011. You can access our expression of interest form online so that you can begin your application. Please do not email or send hard copies as these cannot be accepted. The deadline for submitting your expression of interest online is 10 June 2011.

Further information is available at:

http://www.comicrelief.com/apply-for-a-grant/programmes/sport-change-0

The Charity Bank

An alternative method to applying for various grant programmes is applying for a loan through a bank. The charity bank finances social enterprises, charities and community organisations, with the support of depositors and investors who want to use their money to facilitate real social change.

The Charity Bank is seen as much more than just a bank, it is an ethical bank that exists to respond to social needs. To accomplish this they look to finance charities and other organisations that are changing lives and supporting communities.

To help these charities and organisations the charity bank can provide affordable loans funding from £50,000 up to £2 million for a variety of needs. These can be unsecured loans for terms of up to 5 years, or where security is available we can lend up to 25 years. The funding from this will provide for a variety of needs such as:

Property purchase or refurbishments

Property development

Capital investments

Asset purchases

Short-term bridging loans including grant bridges

Working capital loans

Underwriting facilities for fund-raising programmes

A range of other requirements

Unfortunately like all loans there are interest rates involved. In this case when receiving a loan from the Charity bank it will depend on the size, type and length of loan required, but typically varies between 5.5% and 7.5%.

Importantly, their interest rates are not linked to Bank of England base rates and are therefore more stable and predictable than 'variable rate loans' available from the high street. This means that it will be much easier for you to understand the costs of taking a loan into the future and to ensure the sustainability of your project.

Further information is available at:

http://www.charitybank.org/

The Co-operative Loan Fund

A similar funding source to the charity bank is the Co-operative loan fund whereby it aims to strengthen the size and scope of the co-operative sector through the provision of an ethical and accessible loan. It is important to explore these loan options as well as the grant schemes for a broader range of funding income.

The Co-operative Loan Fund is managed by Co-operative & Community Finance, which is authorised and regulated by the Financial Services Authority (FSA) in the conduct of investment business. Loan applications are welcome from new and existing co-operatives that need between £5,000 - £75,000 of loan finance to:

Set up as a new co-operative

Expand their size and scope

Assist an employee buyout or company succession

Purchase a property or business

Purchase capital equipment or create working capital

The Co-operative loan fund is exclusively aimed towards co-ops, and is exclusively funded and run by co-ops but it is also stated that new co-operatives are more than welcome. Unlike many conventional lenders it truly understands and actively supports democratically owned and controlled enterprises therefore loans will be provided with initially low repayments of capital and interest with the maximum lending term being 10 years.

Further information is available at:

http://www.co-operativeloanfund.co.uk/about.html

M. England and Wales Cricket Trust - Interest Free Loan Scheme

The England and Wales Cricket Trust welcomes eligible ECB affiliated cricket clubs with junior sections to consider an interest free loan to help with the development of facilities. The trust promotes community participation as a means of promoting and improving health as well as improving provision of cricket in schools and clubs.

The primary aim of the trust is that the club that is awarded the loan must benefit the community in a broader sense and not just a small group or individual. The trust provides an interest free loan to help achieve this; it aims to finance capital projects, including renovations to improve facilities which contribute to increased participation in cricket and benefit the community.

Project Eligibility and Loan Details:

The maximum amount of loan is £50,000 with a maximum term of 5 years. Any applications for loans greater than £50,000 or for a loan with a repayment term of greater than five years may be considered by the England and Wales Cricket Trust and the England and Wales Cricket Trust shall have an absolute discretion to agree or reject such an application.

The loan shall be repaid in equal quarterly instalments over the period of the loan. The repayment schedule will be agreed during the application and acceptance process.

The scheme is open to any ECB affiliated cricket club with a junior section who has a passion to be part of a modern dynamic sport development programme and is willing to complete, deliver and update a simple development plan.

Clubs with as little as 25 per cent partnership funding can apply (repayments quarterly throughout the term of the loan).

To express an interest clubs should submit in writing a brief explanation of their project and an account of their current status regarding junior development to their county cricket club development manager.

The advantage of this trust is that although it is a loan it is stated as interest free which helps to relieve the pressure of financial stability within the club.

Further information is available at:

http://www.ecb.co.uk/development/facilities-funding/ecb-funding-streams/england-and-wales-cricket-trust-interest-free-loan-scheme,851,BP.html

N. ECB Grant Aid Programme (EGAP)

Perhaps one of the most obvious sources of funding for a cricket club is the ECB grant aid programme, which works both nationally and locally to a tightly defined national strategy for cricket. The programme is seen as an exciting and timely resource to assist in the fulfilment of the objectives of the ECB.

Project Eligibility:

To be even considered an award for this grant, eligible applicants will be identified via the 39 county cricket boards and the ECB endorsed development plan and will be subject to screening, prioritisation, scoring and an application exercise. Clubs will only be considered for funding where:-

They are identified locally as being of strategic importance.

They can demonstrate a recognised commitment to adult/junior development.

They commit to delivering activity to a baseline of quality.

They are the focus of revenue investment and professional development support.

Reach and sustain Clubmark accreditation.

They demonstrate a security of tenure consistent with the level of investment to be made.

Provide additional capital investment.

Write an annual update development online.

Can support/sustain the project over the next ten years.

Awards:

Awards up to 50,000 with a minimum 5 year tenure

Awards between £50,001 - 100,000 with a minimum 7 year tenure

Awards between £100,001 - £250,000 with a minimum 10 year tenure

Awards between £250,001 - £1,000,000 with minimum 15 year tenure

Awards between £1,000,001 - £5,000,000 with minimum 20 year tenure

Awards more than £5,000,000 with a minimum 30 year tenure

Further information is available at:

www.ecb.co.uk

Summary Tables of Grants and Funding

Grant

Sportmatch

Funder

Sports England

Objectives

Fund new community projects to grow or sustain participation in sports

Deadlines

N/A

Amount Available

£1,000 to £100,000

Estimate

£15,000

Grant

Reaching Communities: England

Funder

Big Lottery Fund

Objectives

Fund projects of new or existing builds that helps to improve people and communities most in need

Deadlines

N/A

Amount Available

£100,000 to £500,000

Estimate

£75,000

Grant

Iconic Facilities

Funder

Sports England

Objectives

Fund multi-sport facilities'projects that are regionally significant for at least two sports and can demonstrate long-term financial viability.

Deadlines

N/A

Amount Available

N/A

Estimate

N/A

Grant

Awards for All England

Funder

Big Lottery Fund

Objectives

to help improve local communities and the lives of people most in need

Deadlines

N/A

Amount Available

£300 to £10,000

Estimate

£1,500

Grant

Fair Share

Funder

Big Lottery Fund

Objectives

Helping parts of the UK that missed out on the lottery funding in the past.

Deadlines

N/A

Amount Available

£5,000 to £200,000

Estimate

£30,000

Grant

Sustainability Energy Fund

Funder

E.ON

Objectives

To help recognise the importance of developing sustainable energy solutions

Deadlines

N/A

Amount Available

£20,000

Estimate

£3000

Grant

Facilities Grant

Funder

Football Foundation

Objectives

Improve facilities for football and other sport in local communities

Deadlines

N/A

Amount Available

Maximum £500,000

Estimate

£75,000

Grant

Chance to Shine

Funder

The Cricket Foundation

Objectives

Campaign to enhance education, to promote aspiration, to encourage inclusion and to create cohesive communities.

Deadlines

N/A

Amount Available

N/A

Estimate

N/A

Grant

Cash 4 Clubs Programme

Funder

Cash 4 Clubs

Objectives

Support grassroots sports clubs all over the country.

Deadlines

3 times a year

Amount Available

Range from £250, £500 and £1000

Estimate

£500

Grant

Sport for Change

Funder

Comic Relief

Objectives

Concentrate on the social awareness aspect and emotional opportunities that sport can provide.

Deadlines

10thJune 2011

Amount Available

Maximum £100,000

Estimate

£75,000

Grant

The Charity Bank

Funder

The Charity Bank

Objectives

Finances social enterprises, charities and community organisations

Deadlines

No Deadlines

Amount Available

£50,000 to £2,000,000

Estimate

£750,000

Grant

The Co-operative Loan Fund

Funder

The Co-operative Loan Fund

Objectives

It aims to strengthen the size and scope of the co-operative sector

Deadlines

No Deadlines

Amount Available

£5,000 to £75,000

Estimate

£11,250

Total Funding Estimate

£1,211,250

Grant

Interest Free Loan Scheme

Funder

England and Wales Cricket Trust

Objectives

Promotes community participation as a means of promoting and improving health as well as improving provision of cricket in schools and clubs

Deadlines

N/A

Amount Available

£50,000

Estimate

£50,000

Grant

ECB Grant Aid Programme (EGAP)

Funder

ECB

Objectives

Assist in the fulfilment of the objectives of the ECB.

Deadlines

N/A

Amount Available

£50,0001 to £5,000,000

Estimate

£125,000

Summary

Throughout this report, grants and funding schemes have been outlined as various methods by which finance can be gained to help cover the total costs for the project. When researching into funding via the grants system it is important to make note that it is purely speculative at this moment in time, as the amounts could be applied for may vary in some cases.

During the report it becomes clear that the majority of grants are only made available to 'multi-sports' clubs that contribute to a beneficial impact to the community. Therefore to put ourselves in the best position possible, it is important that our project fulfils the necessary criteria to be presented as a multi-sports club that benefits the community through sports. This in turn could result in a change in name for the club which has been discussed amongst the team, rather than the club being restricted to just Macclesfield Cricket Club, it is recommended that it could be called Macclesfield Community Club.

When it comes to applying for some of the larger grants it is difficult to access the amount available for a project of our type for example some of the larger grants are only available to deprived areas, the question is whether Macclesfield Cricket Club falls within this category.

In my opinion from the information gathered throughout this report, I do believe there is sufficient funding available from grants to foresee the total project costs. As the club being that of a non for profit organisation is an added bonus whereby there are several grant schemes that offer substantial funding for non for profit clubs.