Clann Credo Events

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€10m Community Sports Loan Fund Launch and Seminar

Dated: 7 February 2018

Following the announcement of the 2017 Sports Capital Programme in December, many clubs have been busy finalising their project plans. Others are considering purchasing equipment and looking at sources of finance for future improvements to club facilities.

Loan finance is often needed for Sports Capital funded projects such as upgrades to playing surfaces, training facilities and buildings. The grant is only released once the associated works or equipment have been paid for, and many sports clubs encounter difficulties in accessing loans on reasonable terms.

You are invited to the launch of Clann Credo’s new €10 million Community Sports Loan Fund that will help sports clubs who may not otherwise be able to borrow on reasonable terms. We are delighted that the new fund will be launched by Minister of State for Tourism and Sport, Brendan Griffin T.D. at an event in the National Sports Campus, Blanchardstown on February 7th from 11.30 am to 3.30 pm.

As part of the Launch, we are also hosting a FREE Funding, Project Management and Community Loan Finance Workshop. This will be useful to sports clubs who have successfully applied for a Sports Capital grant, or who are planning sports development projects in 2018.

Speakers on the day will include:

  • Kieran Donaghy, GAA All-Star, International basketball player and Business Development Manager with PST Sport
  • Brendan Ingram, Sports Capital Programmes Unit, Department of Transport, Tourism and Sport
  • Liz Roche, Philanthropy and fundraising advisor in the Irish Not-For-Profit sector
  • Emily Walsh, Club Secretary at Wexford Gymnastics Club
  • Paul O'Sullivan, CEO, Clann Credo Community Loan Finance

€10m Community Sports Loan Fund
Clann Credo’s new €10m Community Sports Loan Fund helps amateur sports clubs and community groups to access sports grants and funding by providing them with Community Loan Finance.

Clubs planning improvements to sporting facilities often face difficulties in accessing finance on reasonable terms. Committee or board members may be asked to give personal guarantees or even to borrow in their own names. Clann Credo never asks a volunteer to guarantee a club’s loan.

Clann Credo is a not for profit charity which not only considers the ability to repay a loan, but also the impact your project has on your community.

Clann Credo has already loaned over €10 million to more than 100 amateur sports clubs around the country, enabling more people to enjoy the benefits of sport, providing better facilities, better club houses, better training facilities, better equipment.

Some of the sports Clann Credo have funded include: GAA; Judo; Soccer; Watersports; Archery; Baseball; Gymnastics and Community field sports.

In addition to providing community loan finance to sports clubs, Clann Credo has also provided €27.6 million for community facilities around the country, many of which include sporting facilities.

 


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