Introduction to Funding
More than £13 million has been donated to a town’s foundation as it continues its work to improve the health and wellbeing of local residents. The money from Luton Rising, the Luton Borough Council company that owns London Luton Airport, was made available to Active Luton to secure investment in leisure and library services by 2030.
Purpose of the Funding
The council hoped the funding would “encourage participation in physical activity and create learning and career opportunities”. The focus will be “on reducing health inequalities, improving education, reducing crime and supporting sustainability,” the council added.
Reaction to the Funding
Active Luton chief executive Lawrence Kay said the support had “played a crucial role in our journey from the start and has been crucial to our growth and reach within the community”. He said the money would “help us improve the health, wellbeing and opportunities of people across Luton”.
Commitment to the Community
Labor councilor Javeria Hussain, deputy chair of Luton Rising, said: “This new agreement reflects a shared commitment to making a long-term positive difference to the lives of Luton residents.” “The continuity provided by our renewed commitment supports our shared ambitions to further improve lives through health, wellbeing and learning.”
Impact of the Funding
The council said research by independent consultants Volterra found that “for every £1 Active Luton receives in funding, more than £7.40 in social return is generated – equating to an estimated benefit of £44 million to the local community in 2023/24 alone”.
