Belfast Telegraph

Friday 28 November 2014

Bangor FC invest £25k on pitch

Gareth Scates, manager of Bangor FC; Harry McDaid, chief executive of UCIT; and Trevor Best, chairman of Bangor FC, celebrate the good news
Gareth Scates, manager of Bangor FC; Harry McDaid, chief executive of UCIT; and Trevor Best, chairman of Bangor FC, celebrate the good news

The Ulster Community Investment Trust (UCIT) committed £7m of loan finance to community enterprise organisations in 2013.

Founded in 1995, UCIT provides community and social enterprises throughout Northern Ireland and the Republic with access to affordable loans.

As a registered charity, all profits generated by UCIT are recycled for reinvestment into the social sector.

One recent recipient of such funding is Bangor Football Club. The club received a £250,000 loan to help with the installation of a 3G pitch at its home ground at Clandeboye Park.

The club has been operating since 1918 and has been at its current location since 1935.

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