The Australian Government has committed an extra $20 million to support athletes through the Paris 2024 Olympic and Paralympic Preparation Fund. The funding will be delivered in two streams, with Stream One providing a direct one-off grant payment to 32 eligible sports through a total investment pool of $15.223 million.
Equestrian Australia is one of 32 sporting organisations able to access this pool of funding, which will assist national sporting organisations in their travel to and competition at critical qualification events.
With just over 12 months until the Games, Minister for Sport, Anika Wells, said the Paris 2024 Olympic and Paralympic Preparation Fund was a timely investment in our athletes.
“Our Olympic and Paralympic sports have been telling us that getting their athletes to key preparation and qualification events has been a challenge and we’ve listened,” Minister Wells said.
“Through the Australian Sports Commission, we’re proud to be able to invest further in our athletes that inspire millions of Australians when they represent us on the world stage.”
The Paris 2024 Olympic and Paralympic Preparation Fund will be delivered in two streams, with Stream One providing a direct one-off grant payment to the 32 eligible sports.
Stream Two of the Paris 2024 Olympic and Paralympic Preparation Fund will take the form of a competitive grant program, where eligible high-performance sports will be able to apply for additional funding to enhance their existing and/or new priority campaigns for Paris 2024.
The total investment pool for Stream Two is $4.833 million. Successful applicants for Stream Two will be announced in late August.
