Launch of new Large Scale Sport Infrastructure Fund (LSSIF)
From Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media
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From Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media
Published on
Last updated on
The Minister for Transport, Tourism and Sport, Shane Ross T.D. and the Minister of State for Tourism and Sport, Brendan Griffin T.D. today announced that applications are being invited for funding under the new Large Scale Sport Infrastructure Fund (LSSIF). The fund will be open for applications until April 2019 and a minimum of €100m is being provided. The new fund will initially focus on the requirements and development plans of National Governing Bodies of Sport and Local Authorities.
Minister Ross said “2018 has been a phenomenal year for Irish sport and we are determined to provide the necessary investment to ensure this success continues. The establishment of the LSSIF confirms the commitment expressed in the National Development Plan and the National Sports Policy 2018 – 2027 to increase investment in sporting facilities across the state. This fund offers tremendous possibilities to develop high quality sports facilities and I have no doubt there will be a huge level of interest across all sports and all regions.”
Minister Griffin said: “This is another important day for Irish sport. Decisions to provide Government funding for large sports projects were previously made on an ad-hoc basis and there wasn’t any mechanism to apply for funding. This new fund represents a transparent and competitive process whereby all sports organisations and local authorities can apply. Apart from the obvious health and social benefits, the projects that are ultimately awarded grants under this new fund will also provide a significant economic benefit to their respective areas.”
The main features of the scheme are as follows:
The new fund is separate and distinct from the Department’s long-running Sports Capital Programme (SCP). The SCP is focused on smaller capital projects where the maximum grant is €150,000 for local projects.
[The full terms and conditions of the Large Scale Sport Infrastructure Fund are available at http://www.dttas.ie/sport/english/large-scale-sport-infrastructure-fund-lssif]
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