Club Funding Opportunities

Club Funding Opportunities

The Club Hardship Fund Phase 2 is now open. Phase 2 focuses on assisting clubs with the safe reopening of their clubhouses. Clubs may apply for a grant of up to £1000 to assist with them completing the Scottish Rugby, sportscotland and Royal Bank of Scotland Rugby Force recommended safety checks, prior to reopening.

Clubs are advised to read the guidance notes before completing the application form. The completed application form should be sent to [email protected] and the closing date for the submission of applications is 5pm on 9 August 2020.

The Rugby Development department has also sourced eight additional new funding options to further help clubs during the current period of financial uncertainty:

Coronavirus Business Interpretation Loan from British Business Bank - All Major banks will offer the scheme which will guarantee 80% of bank loans and pay the first year of interest on loans up to £5 million.

Coronavirus Job Retention Scheme from UK Government - Financial support, 80% of an employee’s salary up to £2500 for employers who would have otherwise made workers redundant.

The scheme will close to new entrants from 30 June. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full 3 week period prior to 30 June. This means that the final date by which an employer needs to agree with their employee and ensure they place them on furlough is 10 June. Employers will have until 31 July to make any claims in respect of the period to 30 June.

Foundation Scotland Response, Recovery and Resilience Fund from Foundation Scotland - Grants of £1000 - £5000 providing immediate funding support to constituted community groups and registered charities.

Small Business Bonus Scheme / Rural Relief from the Scottish Government - Access to a one off grant of £10,000. Rural Relief: a business providing benefit to the community in a designated rural area (population <3000).

Statutory Sick Pay (SSP) Support from UK Government - Employers can reclaim SSP for Covid-19 inducted sickness absence for up-to two weeks.

Supporting Communities Fund from The Scottish Council for Voluntary Organisations - A £40million fund to support community efforts at a local level.

Third Sector Reliance Fund from The Scottish Council for Voluntary Organisations - Grants of between £5000 and £75,000 and interest-free loans up to £50,000 available to Scottish-based charity, social enterprise or voluntary organisations to stabilise cashflow as a result of Covid-19

Self-employed Income Support Scheme from UK Government - Taxable grants worth 80% of average monthly trading profits from last 3 years up to a maximum of £2,500 per month for the next 3 months. You cannot apply for this scheme yet - HMRC will contact you if you are eligible for the scheme and invite you to apply online. Individuals do not need to contact HMRC now and doing so will only delay the urgent work being undertaken to introduce the scheme.

SCVO – Independent Funders have a searchable database of Coronavirus specific funds from independent funders.

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