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HomeFinanceAIS Secures $44 Million Grant for Retired Athletes

AIS Secures $44 Million Grant for Retired Athletes

Australian Olympic Team Launch

AIS Secures $44 Million Grant for Retired Athletes

The Australian Government has partnered with the Australian Institute of Sport (AIS) to deliver $44 million in grants (dAIS) to help athletes achieve their long-term goals.

Part of the scheme is aimed at helping support athletes transition from high performance sport to post-athletic life.

AIS CEO, Peter Conde, said: “The AIS wants athletes to be successful in sport and life beyond competition, so this is another step in the holistic support of athletes as they move on from sport and continue to be important representatives in their communities.”

”It’s important that for athletes to be eligible for this grant they’ll need to work with their national sporting organisation on a meaningful transition plan, which enables athletes to maintain a strong connection with their sport…

“dAIS grants will become future-focused.

“It will be about supporting athletes to build longer-term plans towards success, rather than rewarding past successes based on short-term milestones.

“The emphasis will be on identifying and supporting those athletes who are on an upward trajectory and will be challenging for medals at the next Olympic, Paralympic or Commonwealth Games,” Conde said.

The grant is being increased to $14.63 million a year and will be available up to the Paris 2024 Olympics.

Minister for Sport, Richard Colbeck, said: “The Australian Government has worked with the AIS to grow dAIS grants from $12m a year in 2018 to now more than $14.6m a year, which supports about 800 athletes at any one time.”

The scheme is designed to provide longer term incentives to nominated athletes to ensure they reach their peak performance goals.

Olympic paddler, Alyce Wood, said grants like dAIS help take the pressure of athletes.

“As athletes we naturally want to perform at every event we compete in, but it’s reassuring to be able to focus on and build towards those longer-term goals like the Olympics, Paralympics, and Commonwealth Games, without the pressure of funding necessarily hanging on every result along the way,” Wood said.

“The AIS Athlete Advisory committee represents a whole lot of different sports, including individual and team sports across the Olympics, Paralympics and Commonwealth Games.

“There’s a lot of positive new features, this is a massive step forward,”she said.

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