Yahoo Finance NSW sports to receive $25 million funding boost
The sport and recreation sector has scored a $25 million funding boost as part of the COVID-19 Economic Recovery Strategy.
The funding boost was announced to support the return of community sport as lockdown restrictions ease.
The NSW Government’s Sport and Recreation Recovery and Community Rebuild Package will provide financial support, assistance and participation opportunities, particularly in areas hardest hit by the COVID lockdown.
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Premier Dominic Perrottet said the package would help the sector bounce back after disruption to competitions and activities.
“The COVID lockdown has had a major impact on everyone’s lives, including the more than 30,000 employees and 415,000 volunteers across more than 10,000 sporting clubs and associations throughout the State,” Perrottet said.
NSW treasurer Matt Kean said it was critical sporting organisations who have faced tough financial times get the help they need.
“This package will ensure sporting organisations and their staff stay in the game and participants can return to training and competition immediately,” Kean said.
“I am determined to ensure that all sectors of our economy, including grassroots sporting organisations, bounce back better after the pandemic.”
Minister for Sport Natalie Ward said COVID-19 restrictions meant millions of sports lovers in NSW had been unable to take part in their community competitions.
“Thanks to our vaccination rates, we’re welcoming back community sport and I’m delighted to see people back out doing what they love,” Ward said.
The package includes:
Up to $12.5 million for grants of up to $1,000 to eligible clubs and associations
Up to $7.8 million to support sporting organisations and peak bodies
$3.1 million to support participation initiatives focused on areas most affected by restrictions, including south-western Sydney and regional NSW
Up to $1 million for grants to support marketing and promotional activities for outdoor and active recreation providers
$600,000 to support regional talent pathways in the lead up to the Brisbane 2032 Olympics
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