A funding package of up to €70 million was announced on Friday 19th June to support the sport sector, which has been significantly impacted by the Covid-19 pandemic. This funding package includes;
- Funding of up to €40m for the three main field sports organisations – the FAI, the GAA and the IRFU,
- a Resilience Fund of up to €10m to support the National Governing Bodies of Sport,
- a Sports Club Resilience Fund of up to €15m to support clubs, and
- a Sports Restart and Renewal Fund of up to €5m.
This funding will be invested through new grant schemes which will be administered by Sport Ireland.
The grant schemes are currently being developed and it is expected that the precise terms of each of the new grant schemes will be announced by Sport Ireland later this month.
Sport Ireland will announce an open invitation to applications from funded bodies for assistance under the grant schemes in due course.