The Sports Development Foundation Scotland (SDFS) is a registered charity established in late 2007 to allow individuals and corporations in Scotland and internationally that are interested in helping finance the development of Scottish sports facilities and increasing the competitiveness of Scottish sportsmen and women through the improvement of sports facilities.
The charity is a registered, non-share holding company No: SC312077 and helps sports clubs, universities, sporting bodies, local and national government identify funders from the private and public sectors and individual donors, These donors will help finance the development of sports facilities in the public and private sectors that will benefit the whole community. Donors can choose the project(s) to which they wish to donate.
To date, there has been limited finance available for the development of facilities for local sports organisations and for the sporting requirements of the greater communities. SDFS was formed to address that funding gap.
There has been a notable problem in the financing of new sports facilities as various grant providers will not provide funding in the early development stages that would include professional fees to develop the projects such as architectural, surveying, business planning etc. This funding gap limits their opportunity to develop and then pursue other sources of funding to develop the project. SDFS allows donations to be used to pay for these professional fees.
Each approved project can endeavour to raise as much capital as will be required to complete the facility and there are no limits on the number of times a club can use SDFS to finance projects in the future.
SDFS will help projects identify sources of finance from other organisations and sources and will look to develop strategies with other grant providers and SportScotland to maximise the effectiveness of new developments.
Read more about Sports Development Foundation Scotland: Historical Development, Inaugural Project, Declaration in The Scottish Parliament, Raising Finance For Scottish Sports Facilities, Volunteers, See Also
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