Sport New Zealand
Sport NZ announces further $25 million short-term relief package
Sport NZ 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 Sport NZ’s work programme in the wake of COVID-19, as well as the drawing down on cash reserves.
Today’s announcement follows an initial package of support for Sport NZ and High Performance Sport NZ partners announced in early April. This provided financial certainty for National Sport and Recreation Organisations, Regional Sport Trusts 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.
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