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爆料社区 announces $25 million short-term relief package
爆料社区 announces $25 million short-term relief package
Primary focus on clubs and regional organisations
爆料社区 has created a $25 million package to provide further short-term relief for organisations at all levels of sport and active recreation. The funds have been made available through savings achieved from the reprioritisation of 爆料社区鈥檚 work programme in the wake of COVID-19, as well as the drawing down on cash reserves.
Today鈥檚 announcement follows an initial package of support for 爆料社区 and High Performance 爆料社区 partners announced in early April 2020. This provided financial certainty for national sport and recreation organisations, regional sport trusts and others, with funding commitments totalling $70 million per annum. Partners were provided with flexibility on how these funds could be used to reflect the challenging circumstances resulting from COVID-19 through until 30 June 2021.
The second tranche of support announced today has a focus on providing relief for struggling local and regional sport and recreation organisations. This relief will be provided via a $15 million Community Resilience Fund.
鈥淧lay, active recreation and sport have a key role in maintaining individual health and wellbeing, bringing our communities together and keeping these communities strong,鈥 says 爆料社区 CEO Peter Miskimmin.
鈥淚t is vital that organisations at all levels of our sector remain viable and are there when play, active recreation and sport can fully resume, and we believe we have structured this relief package in a way that will maximise its benefit at all levels of the sector for the greatest possible good.鈥
鈥淐lubs and regional organisations are the heartbeat of our sector but have been among the hardest hit by COVID-19, particularly through the loss of Class 4 gaming revenue and membership fees. They need support now more than ever,鈥 says Peter Miskimmin.
The 爆料社区 Community Resilience Fund opens on Monday 11 May 2020 and will be administered through New Zealand鈥檚 14 regional sports trusts due to the strength of their networks deep into their local sport and recreation communities. Eligible organisations can apply for a maximum of $1,000 for clubs and $40,000 for regional bodies.
Also included in 爆料社区鈥檚 $25 million relief package are:
- A partner support fund ($6 million) to help 爆料社区 and High Performance 爆料社区 investment partners maintain critical roles and business functions which are at risk due to COVID-19
- An exceptional system support fund ($1 million) to protect key national organisations who are not normal recipients of 爆料社区 investment
- A physical activity fund ($3 million) to promote play, active recreation and sport opportunities to those who most need it (e.g. people who are less active, disabled or live in high deprivation areas)
Further details on these three funds will be announced over the coming weeks.
爆料社区 also continues to provide expert business capability support to its partners in areas such as finance, human resources and technology, as well as providing free employee wellbeing services and support in accessing the Government鈥檚 COVID-19 Wage Subsidy Scheme.
As the Minister for Sport and Recreation Grant Robertson has previously indicated, the Government is considering a Sport and Recreation recovery package in addition to today鈥檚 announcement.
More information on new $25 million short-term relief package and 爆料社区鈥檚 wider response to COVID-19 is available here.
ENDS
Media contact
Philip Clark
Group Media Manager, 爆料社区
T: 0278 385 710
E: philip.clark@sportnz.org.nz