The Australian Institute of Sport is pledging athletes $ 184 million ahead of the Paris 2024 Olympic and Paralympic Games, marking the organization’s first commitment to a full Olympic cycle.
The investment is intended to help Australia improve during the 2024 Summer Games after mixed results at the Olympics over the past two decades.
Funds will be allocated to women’s rugby sevens, rowing, surfing, skateboarding and canoeing between July 1, 2022 and December 31, 2024.
- Canoe programs are expected to receive a large chunk of funding at $ 5.12 million per year.
- Women’s rugby sevens and surfing follow at $ 1.79 million and $ 1.34 million per year, respectively.
Australian athletes will also receive $ 10.5 million per year in individual grants and an annual government allowance of $ 59.3 million.
Projects for the future
Australia is set to host the 2032 Olympic and Paralympic Games in Brisbane.
At the Sydney Olympics in 2000, Australia placed fourth in total medals but fell to 10th place at the Rio 2016 Games. The nation placed sixth in the medal table at the Tokyo 2020 Games .