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18 Dec 2020 58

UK Sport outlines plans for £352million investment in Olympic and Paralympic sport

UK Sport has today signalled its intent for the UK to become successful in a wider range of sports and build a high-performance sports community which reflects the diversity of British society.

The shift is supported by a plan for investment of £352m into an increased number of sports (43) in the build up to the postponed Tokyo Games, through to the 2024 Paris Olympic and Paralympic Games and beyond.

Today’s welcome news provides certainty of funding for Olympic and Paralympic sports in the build up to the Tokyo Games, ensuring athletes can focus on their preparations, ready to make us all proud in Tokyo.

The support provided by Government and The National Lottery also allows UK Sport to look to the athletes of the future who are targeting success at the Paris 2024 Olympic and Paralympic Games and beyond.

Progression Funding plan unveiled to support long term success

As 36 sports, more than ever before, receive World Class Programme funding, the seven Progression investments mark the start of a programme of support in the long-term medal potential of new and exciting sports. The seven sports are basketball, climbing, fencing, skateboarding, surfing, table tennis and weightlifting.

New additions to the Olympic programme, climbing, skateboarding and surfing will receive investment, along with the four other sports. Together, they will play an important role in a wider shift to take a 12-year view of success and kick-start the search for the next generation of Olympic and Paralympic champions.

New fund launched to support national squads

A new £3m fund will open next year to support sports that did not secure Progression investment with the costs of forming and fielding national squads. This will enable athletes in these sports to attend major international championships and access other events that form the critical path to the Olympic and Paralympic Games, providing a platform on which these athletes can perform, seek Games qualification and build a future case for investment.

Dame Katherine Grainger, Chair of UK Sport said:

2020 has been a hugely challenging year for all of us, but I’m proud to have seen Olympic and Paralympic sport and athletes playing their part in communities up and down the country. The postponement of the Tokyo Games has also shown just how much we’ve all missed coming together to cheer on our brilliant athletes.

“Over the past two decades we have established strong foundations on which to build the next iteration of this Great British sporting success story.

“The next chapter of this exciting journey is all about how we win on the global stage. I want our sporting community to be known internationally for its people-first approach and also known for upholding the highest standards of integrity.

“I’m delighted that thanks to the support of the Government and The National Lottery players, we’ve been able to set out clear support for our Olympic and Paralympic sports, to help them get ready for Tokyo and beyond.”

UK Coaching's CEO Mark Gannon, said:

We support the aspirations of UK Sport to support more sports and in particular the importance placed on how we win. Support for coaches is essential and this is why we exist, to help coaches to be great by providing the learning and development, beyond the technical and tactical. Great person-centred coaching means that athletes are developed as people first and performers second.

Read the full announcement and breakdown of the planned investments at uksport.gov.uk.