Club Capital Recovery Fund

Club Capital Recovery Fund

This fund will make loans, using Club Capital investment, of between £10,000 and £50,000. The loans will provide working capital support to gymnastic clubs in dedicated facilities, to enable them to recover over the next 12 months.

Please note that the Recovery Fund closed to new Expressions of Interest on Monday 28th February 2022.


Key information

  • Loans of £10,000-£50,000 are possible (over £50,000 in exceptional circumstances)
  • The fund is focused on clubs in dedicated facilities
  • The fund will provide short to medium term working capital support to help clubs recover over the next 12 months
  • Funding can be used for essential operational expenditure, such as rent and business rates, staff costs, and utilities
  • Clubs need to have been financially sustainable before the coronavirus pandemic, and have a recovery plan which shows they will be sustainable over the next 12 months
  • Applications need to meet the fund criteria highlighted below

Fund criteria

There are 4 types of criteria that clubs need to pass in order to be eligible for funding:

1. Type of club

  • British Gymnastics Member:
    • Your club is a registered member with British Gymnastics, and continues to be for the duration of the loan.
  • Organisation:
    • Based in England.
    • An incorporated organisation.
    • Set up as a regulated organisation such as a Charitable Company, Charitable Incorporated Organisation, Community Interest Company or Registered Societies which pursue charitable objectives OR
    • Another type of incorporated organisation that:
      • has a mission and asset lock;
      • has restrictions on profit distribution; and
      • is for public benefit and transparent
  • Social impact:
    • Your primary activity is the delivery of structured recreational gymnastics to children and young people.
    • You use the British Gymnastics award scheme to record the progression of gymnasts through each level.
  • Facility:
    • Your club operates from a dedicated premises.
  • Club growth / impact:
    • Your club has the potential for additional growth or impact in the future.

2. Club financial sustainability

  • Your club was financially sustainable before the coronavirus pandemic.
  • Your club is at risk of not being financially sustainable over the coming months without a Recovery Fund award.
  • Your club has a plan to recover to financial sustainability, which will be helped by an award from the Recovery Fund.

3. Need, eligible expenditure, and affordability

  • We can award amounts between £10,000 and £50,000. Awards over £50,000 will only be made in exceptional circumstances.
  • Funding can be used for essential operational expenditure, such as rent and business rates, staff costs, and utilities.
  • You are able to make the capital and interest payments without putting the club under undue financial stress.

Application process

Please note that the Recovery Fund closed to new Expressions of Interest on Monday 28th February 2022.

Further questions

A detailed FAQ is available here:

Download FAQ here

If you remain unsure or have any unanswered questions, please contact us at enquiries@clubcapital.co.uk, with the email heading “[Club Name] – Club Capital Recovery Fund – General Question”