UK Sport has awarded £33K of extra funding to help BF as it faces the financial impact of the coronavirus pandemic.
This money is part of an overall Continuity Fund – UK Sport has confirmed it will grant more than £1.38 million in extra funding to help national governing bodies (NGBs) struggling because of the financial impact of the coronavirus pandemic.
It is the first round of contributions from the Continuity Fund, which was set up by UK Sport specifically to help mitigate the adverse impact of Covid-19 on the operational and financial health of NGBs.
The extra funding has been awarded to BF to support new strategic activities that will enable the NGB to adapt to a significantly different operating environment moving forward.
It is expected that there will be a second round of funding and applications for this will open in the coming months. This will allow sports to assess the longer term implications of the Covid-19 pandemic and approach UK Sport for support via the Continuity Fund in due course.
Sally Munday, CEO of UK Sport, said, “Our priority is to ensure the long-term health of Olympic and Paralympic sport and minimise the negative impact of the pandemic.
“I’ve been impressed by how so many national governing bodies have swiftly identified the risks caused by what was an unprecedented situation and acted to mitigate these. I hope that today’s announcement of grant funding to these ten organisations can play a significant role in helping to protect high-performance sport and ensure it continues to thrive long into the future.
“We will continue to monitor the impact of Covid-19 and respond with future funding rounds from the Continuity Fund accordingly.”
Georgina Usher, BF’s CEO said, “We welcome the extra funding UK Sport at this challenging time. The Continuity Fund gives us the opportunity to deliver specific projects as we adapt to the challenges of Covid-19 . We’re looking forward to sharing more about these projects and would like to thank UK Sport for this support.”
The UK Sport press release can be found here.
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