Leading UK house builder Persimmon Homes has become an official partner of Team GB and will support the organisation for the next three years through to Tokyo 2020 and beyond.

At the heart of the new partnership is Persimmon’s new £1 million-a-year nationwide funding scheme, Building Futures, which the house builder officially launched today.

Team GB will support the Building Futures programme, which aims to assist community sports, education and arts and health initiatives for under 18s.

The scheme is being delivered through the Persimmon Charitable Foundation, which last year donated £620,000 to support children’s sport.