Bangor FC invest £25k on pitch
Published 07/02/2014 | 09:52
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.