High-profile sporting events will be attracted to the Island thanks to new funding, it is hoped.
Isle of Man Sport says the ‘Island of Sport’ grant, launched today will encourage governing bodies to consider the Island as a setting for new events and competitions.
Such events would not only raise the profile of the Island internationally but boost its economy, too.
Isle of Man Sport is an independent body that promotes and advises the Government on sport.
The ‘Island of Sport’ grant will initially be rolled out over two years and will be funded by duty from local sales of National Lottery tickets.
Gary Corkhill, Executive Chairman of Isle of Man Sport, said such funding had hitherto solely been used to assist sportsmen and women to travel off the Island for events and not to attract events to the Island.
‘The Isle of Man has a tremendous sporting pedigree and superb infrastructure, especially with recent enhancements to the National Sports Centre,’ Gary said. ‘It’s a shining example of what can be achieved by investing in sport.
‘We know the boost high profile sporting events can bring to areas and hope the grant will attract new events here, with resulting benefits.
‘The grant will assist organisers of new events with the cost of transportation, accommodation, the running and marketing of the event – etc.
‘A new round of an existing UK competition would be eligible, for example.
‘Such events would provide income to carriers and the hospitality sector and allow local people to enjoy additional events, right on their doorsteps. They would increase opportunities for local teams and individuals to participate in their sport at a high level without travelling off Island.’
The timetable for sports’ governing bodies to apply for grants is:
Events taking place between 1st September 2017 and 31st March 2018. Apply by 31st March 2017
Events taking place between 1st April 2018 and 31st August 2018. Apply by 31st October 2017
Events taking place between 1st September 2018 and 31st March 2019. Apply by 31st March 2018.