The British Horseracing Grant Scheme was created in 2012 by BHA and the Department of Culture, Media and Sport (DCMS) to provide important funding for worthwhile projects within the British Racing and Thoroughbred Breeding industries.
The Scheme is funded by part of British Horseracing’s share of the proceeds from the sale of the Tote by Government in 2011.
The remainder of the Tote sale proceeds have been allocated to The Racing Foundation, which makes grants to charities associated with the British Racing and Thoroughbred breeding industries.
The British Horseracing Grant Scheme has made over £1.5 million of Awards to over 60 worthwhile projects.
Applicants that are considered include a completed application form, and a business plan demonstrating how the proposed project will align with the aims of the Scheme.
All applications to the British Horseracing Grant Scheme are assessed in three stages:
1. How the proposed application will be of benefit to the British Thoroughbred Racing and Breeding industries. Applicants must satisfy at least one of fourteen aims of the Scheme.
2. Compliance with European Union regulations on State Aid – as the funds for the British Horseracing Grant Scheme are provided by Government.
3. An analysis of the application including, but not limited to, value for money, timescales and milestones, sustainability of the project, and financial and personnel details.
All applications for funding are considered by an Awards Committee formed of representatives of BHA, the Racecourse Association and the Horsemen’s Group which may award grants:
- to all, some or none of the applications certified as satisfying the Scheme and State Aid criteria, and being recommended for a grant
- to the full amount as sought in the application, or any amount up to that level
- in instalments
- subject to conditions (including those requiring potential repayment) as it shall determine but in no case shall it be obliged to award a particular grant.
Further information on the application process, State Aid regulations and application timescales can be found in the accompanying documentation.
The applications for the first round of 2014-15 Scheme have now closed.
If you have any queries, or require further clarification about the British Horseracing Grant Scheme then contact BHA via:
Telephone: 020 7152 0005
(Please note that calls may be monitored and recorded for training and operational purposes, and to improve the quality of service.)
Address: British Horseracing Grant Scheme, 75 High Holborn, London, WC1V 6LS