Dates Looming for Capital Funding Announcements

The Government hopes to announce funding for sporting capital projects both small and large by the end of this year.

The next round of Sports Capital projects in communities is expected within the next four weeks and yesterday Minister of State Brendan Griffin suggested that news on the Large Scale project funding could be revealed as early as Novemebr.

The projects hoping to get the nod from this round of funding include major redevelopments for each of Leinster, Connacht and Munster Rugby as well as a host of other sports.

“We are hoping to announce the local sports capital grants funding at the end of this month or at the latest in early October,” said Minister of State Griffin speaking to Sport for Business yesterday at the announcement of €3 million in funding towards Women in Sport programmes.

“Once that is done we will have the ability to administer the Large Scale Infrastructure Fund. That is likely to be towards the end of November or maybe December but certainly the hope is to get news out on the projects that have been succesful by the end of the year.”

“We are oversubscribed and we know that many of the projects have been waiting for a number of years but when it comes it will be really good news for sport to get a number of these projects financed and moving.”

“We need high performance athletes to inspire the nation and they need the right facilities, the best amphitheatres in which to perform. That’s why the large scale infrastructure programme is so important, matched on the ground with the local projects so that people can begin their journey, within their own community, towards as far as they can get in sport.”

The FAI has submitted a number of projects across both the local and large scale funding streams but with funding to the organisation currently suspended, they did not appear on the Women in Sport funding and the clock is ticking fast on whether they can benefit from the capital programmes.

“There are a number of issues within the FAI that need to be resolved,” added Griffin. “I hope these issues can be resolved as soon as possible and I look forward to a time when we can supply funding again in the future.”

“I hope that within the upper echelons of the FAI, they will realise that if they want to draw down money for capital investment, and for programmes, they are going to have to ensure they have the proper structures in place to gain from public money.”

The Large Scale Sport Infrastructure fund will make €100 million available to projects.

The scheme will consist of two streams. Stream One, which is aimed at smaller NGBs and Local Authorities, will help fund the development of proposals to tender stage. Stream Two will assist applicants to bring projects from tender stage to completion.

There will be a minimum contribution of 30% needed from applicants toward the cost of the projects to be considered.

Image Credits: David Fitzgerald, Sportsfile

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