Funding Flashcards

1
Q

Sources of funding

A

Shirt sponsors

Advertisement

Fans

Loans/bonds

Seasons tickets, tickets, corporate facilities and private boxes

Philanthropic donations

Selling shares

Fundraising

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2
Q

Who grants funding

A

Influence of government and DCMS

Strategic role of QUANGOs e.g. UK Sport

Role of NGBs

Local government

Funding for inclusion/community/disadvantaged groups

Funding from sports business e.g. sponsorship of events

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3
Q

Who requests funding grants

A

Sports clubs – new kit, facilities,equipment,competitions and athletes

Community based organisations - new facilities and equipment

Local schools/colleges – new kit, facilities and equipment

Individual athletes/performers

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4
Q

What is funding used for

A

New and improved facilities

Kit and equipment

Grounds works and grounds keeping

Running events

Coaching and training

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5
Q

What can help for funding to be given to a team or business

A

Application methods e.g. application forms and bids
Meeting funding body criteria

Proving need and demand for the service or product

Having clear goals and impact

Proven and demonstrating ability to deliver outcome

Eligibility e.g. recognised sport, size of organisation and location

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