Action Indoor Sports
- Portfolio Company: Action Indoor Sports
- Date of Initial Investment: 23 October 2006
- Round of Financing: First Round
- Sector: Indoor sport & leisure facilities
- SWVF Role: Co Investor
Action Indoor Sports Stadiums, hosts of the Indoor Cricket World Cup 2007 and with Olympic standard beach volleyball training facilities, has benefited from funding by the YFM Group.
Action Indoor Sports Stadiums, based in Bristol, has secured £750,000 venture capital funding from the YFM Group. The investment was provided by two funds; £250,000 from the South West Ventures Fund and £500,000 from The Finance South West Growth Fund. In addition, Sport England has also provided a £250,000 grant, subject to completion of the final award conditions.
The unique business model, which has already taken Australia, New Zealand, South Africa and Japan by storm, gives competitive grading to its players and offers both Olympic and popular sports such as football, netball, badminton and volleyball.
The funding from both The Finance South West Growth Fund and South West Ventures Fund will enable Actions Sports UK to achieve its goal of developing the site and provide a catalyst for expansion into the planned 27 sites throughout the UK and Ireland planned over the next few years.
Website: www.actionsportuk.com
