Ministers announce a further €1.4 million in Dormant Accounts funding for sport
4th October 2016
Minister for Transport, Tourism and Sport, Shane Ross TD and Minister of State for Tourism and Sport, Patrick O’Donovan TD, today announced a further investment package of €1.4 million in Dormant Accounts funding for sport
Today’s investment follows the announcement of almost €1.5 million in Dormant Accounts funding for sport in July and €1 million for sports projects in North East Inner City Dublin last month.
The investment of €1.4 million is being allocated to National Physical Activity Plan measures for disadvantaged communities and will be administered by Sport Ireland.
Minister Ross said: “I am delighted to announce a further €1.4 million in funding for sport measures through the Dormant Accounts Fund, to go along with the €2.5 million already announced this year and my Department’s €47.3 million to Sport Ireland in 2016. This investment will support new and existing initiatives and will greatly contribute to the health and well-being of individuals and communities right across the country.”
Minister O’Donovan said: “This funding will support the delivery of actions for disadvantaged communities under the National Physical Activity Plan. My Department has worked closely with Sport Ireland, the Local Sports Partnerships and National Governing Bodies for sport to ensure the comprehensive programme of initiatives resulting from this funding will give more people with disabilities and those from socially, economically and educationally disadvantaged backgrounds the opportunity to take part in sport and physical activity.”
Kieran Mulvey, Chairman of Sport Ireland, said: “Following on from previous investment in Community Sport and Physical Activity Hubs we are already seeing the benefit to local communities and sports organisations. All of the initiatives funded under the Dormant Accounts Fund will make it easier for people to get involved in and engage in a more active and healthier lifestyle.”
Highlighting the initiatives’ contribution to the National Physical Activity Plan, John Treacy, Chief Executive of Sport Ireland commented: “In line with the objectives of the National Physical Activity Plan, this investment allows Sport Ireland, in conjunction with the National Governing Bodies for Sport and the Local Sports Partnership, play a lead role in making sure that more people are more active on a regular basis.”
|Breakdown of Dormant Accounts Funding.pdf (448.56 KB)|