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Sector
Sport
Sport and physical activity contribute £39 billion to the UK’s economy and the sports landscape comprises a wide array of sports organisations, ranging from large professional clubs, to semi-professional and amateur teams.
The UK also ranks 1st in Europe for number of Sports Tech start-ups. Businesses involved in the British sports industry can draw upon the expertise of a range of organisations, including the government-supported Sport England and the consulting group Sporting Innovations.
The UK is home to various accelerators and business support organisations that help drive the sports economy forward, including the Sport Tech Hub by London Sport.
The Sport Tech Hub offers a bespoke 12-week programme, supporting start-ups validating their initial product right through to scale-ups looking to grow in the UK or beyond. They have helped 31 start-ups in the past 3 years.
Grants are also available to encourage activity amongst the populace. There are funding opportunities from a variety of sources such as local councils, Sports England, and charitable trusts helping to develop sports and leisure projects. Tax relief for community amateur sports clubs also supports grassroots activities for all communities throughout the UK.