AOC Funding - Summer Sports
The AOC has exclusive responsibility for the representation of Australia at the Olympic Games, Youth Olympic Games and at regional, continental and world multi‐sports competitions patronised by the IOC. AOC Funding is derived from income distributions from the Australian Olympic Foundation, grants from the International Olympic Committee (IOC), known as Olympic Solidarity, grants from the Organising Committees for the Olympic Games (OCOGs), sponsorship, licensing and fundraising for Olympic Teams by the AOC, State/Territory Olympic Councils and the Olympic Team Appeal Committees.
2016 Rio Olympic Games Programs & Funding Guidelines
The AOC's objectives for the 2016 Olympic Games in Rio de Janeiro are to:
• field a full team (depending on quotas and qualifications as finally determined by the IOC) estimated at 470 athletes;
• place within the top five nations on the Gold and total medal standings (whatever the number of medals required); and
• win medals in more than the 13 sports disciplines in which the Australian Team won medals at the 2012 Olympic Games.
AOC Funding for Summer Team Preparations is provided in four parts:- Australian Youth Olympic Festivals, Youth Olympic Games, Australian Olympic Team Preparation Funding and adidas Medal Incentive Funding to athletes.
To read about AOC funding for sports on the program of the 2016 Olympic Games in greater detail click below for the complete Program and Funding Guidelines.
adidas Medal Incentive Funding
Athletes who won medals at the 2012 Olympic Games or win medals in 2013, 2014 and 2015 at World Championships or other major international competitions of a comparable standard in events on the 2016 Olympic program (agreed in advance by the AOC as appropriate “benchmark competitions”) will be considered for AOC Direct Funding, known as adidas Medal Incentive Funding for athletes in the following year and in the following amounts:
|Season in which result was achieved||Year in which MIF will be paid||Gold||Silver||Bronze|
The purpose of this funding is to help these athletes gain selection to represent Australia at the 2016 Olympic Games and win medals. Prior to 1 January 2016 the AOC will determine whether this program can continue to be funded and, if so, in what amounts for the period 1 January 2017 to 31 December 2020. If continuing the AOC will announce at least the adidas Medal Incentive Funding payments for 2016 Olympic Games results.
Australian Olympic Team Preparation Funding
The AOC will consider applications for Olympic Team Preparation Funding from NFs of sports likely to qualify for the 2016 Olympic Games which receive less than a total of $100,000 per annum in high performance funding from the ASC/AIS. This Funding will be provided for initiatives to assist in preparing their athletes for the 2016 Olympic Games including for international competition, direct support of their most talented athletes, coaching, technical support and equipment.
Based on the ASC/AIS Investment Allocation for 2015-16 for funding to NFs and other sporting bodies, the AOC has determined that the following NFs are currently eligible to receive this funding: Fencing, Modern Pentathlon, Synchronised Swimming and Wrestling.
The AOC does not currently consider that Handball is likely to qualify for the 2016 Olympic Games and has determined not to fund it for this reason.
Australian Youth Olympic Festivals (AYOF)
The AOC has conducted 6 AYOFs (in 2001, 2003, 2005, 2007 2009 and 2013) for athletes from 13 to 19 years of age. Overall the AOC has invested $18.6 million in staging the first six editions of the Festival: 2001 - $2.7 million, 2003 - $2.1 million, 2005 - $2.3 million, 2007 - $3.3 million and 2009 - $3.8 million, 2013 - $4.3 million.
Youth Olympic Games (YOG)
The second Youth Olympic Games (YOG) was held in Nanjing, China from 16 to 28 August 2014. The AOC fielded a team of 89 athletes from 23 sports.
AOC Funding of $561,125 was spent on the 2014 Australian YOG Team.