AOC Funding - Summer Sports
The AOC has the exclusive responsibility for the representation of Australia at the Olympic Games. To help achieve Australian Team objectives the AOC provides funding to National Federations, athletes and coaches. AOC Funding is derived from income distributions for the Australian Olympic Foundation, grants from the IOC, the licensing and sponsorship activities of the AOC and fundraising by the AOC, State Olympic Councils and their Corporate Appeal Committees.
Programs & Funding Guidelines for the 2012 Olympic Games, London
The AOC's objectives for the 2012 Olympic Games in London are to:
- i) field a full team (depending on quotas and qualifications as finally determined by the IOC) estimated at 430 athletes;
- ii) place within the top five nations on the Gold and total medal standings (whatever the medals required); and
- iii) win medals in more than the 14 sports disciplines in which the Australian Team won medals in 2008.
AOC Funding for Summer Team Preparations is provided in three parts:- Australian Youth Olympic Festivals, International Competition Grants, and adidas Medal Incentive Funding to athletes.
To read about AOC funding for sports on the program of the 2012 Olympic Games in greater detail click below for the complete Program and Funding Guidelines.
adidas Medal Incentive Funding
| Athletes | Gold | Silver | Bronze |
| 2009 | $15,000 | $10,000 | $7,500 |
| 2010 | $15,000 | $10,000 | $7,500 |
| 2011 | $20,000 | $13,400 | $10,000 |
| 2012 | $20,000 | $13,400 | $10,000 |
The purpose of this funding is to help athletes gain selection to represent Australia at the 2012 Olympic Games in London and win medals.
International Competition Grants
AOC Funding will be provided to the National Federations (NFs) towards their costs of international competition in the sum of $2,500 per athlete and official in each of the 2009, 2010, 2011 and 2012.
This AOC Funding will be based on the Teams which, or number of athletes who, have qualified or are likely to qualify and be nominated by NFs for membership of the 2012 Australian Olympic Team. AOC Funding of $6.145 million is budgeted for NFs towards their costs of international competition for this component of Olympic Team preparation.
Australian Youth Olympic Festivals (AYOF)
The Australian Youth Olympic Festival is fully funded by the AOC and has been held biennially from 2001 - 2009 for athletes from 13-19 years of age. Since the inaugural AYOF, the AOC has expended $14.2 million on this program: 2001 - $2.7 million, 2003 - $2.2 million, 2005 - $2.3 million, 2007 - $3.3 million and 2009 - $3.7 million. The next Festival is scheduled for January 2013.