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Funding blueprint announced for Olympic & Paralympic cycles

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Funding blueprint announced for Olympic & Paralympic cycles

Posted: Wed, 13 Feb 2019 13:51

Funding blueprint announced for Olympic & Paralympic cycles

UK Sport has announced an extra tier of funding for Olympic and Paralympic sport investment for the Paris 2024 and Los Angeles 2028 cycles.

In addition to its existing Podium and Podium Potential levels, the Future Strategy will also include a Progression funding tier.

This will enable the "next generation" of athletes to "take the first step" on the performance pathway.

It will also allow more sports to benefit from UK Sport investment.

The Future Strategy, which will come into force in April 2021, has been established following an independent public consultation - which received almost 5,000 responses - as well as sessions with key stakeholders.

It ensures future investment will be prioritised towards athletes with the "greatest potential" to medal at summer and winter Olympic and Paralympic Games, maintaining the UK's position as "one of the world's leading Olympic and Paralympic nations".

For the full story please visit the BBC Sport - see link below.

Tags: Funding, News