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 2016 Olympic Games, Rio de Janeiro
The AOC's objectives for the 2016 Olympic Games in Rio de Janeiro are to:
• i) field a full team (depending on quotas and qualifications as finally determined by the IOC) estimated at 480 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 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, Funding to National Federations 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
The purpose of this funding is to help athletes gain selection to represent Australia at the 2016 Olympic Games in Rio de Janeiro and win medals.
Funding to National Federations
The AOC will consider applications for Funding to NFs, from NFs of sports on the Olympic program which receive less than a total of $100,000 per annum in high performance funding from the ASC and AIS. Funding to NFs 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.
Australian Youth Olympic Festivals (AYOF)
The Australian Youth Olympic Festival is fully funded by the AOC and has been held biennially from 2001 - 2013 for athletes from 13-19 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 - $4.4 million.
Youth Olympic Games (YOG)
The International Olympic Committee (IOC) has established a Youth Olympic Games which is to be held every four years. The second summer Youth Olympic Games (YOG) will be held in Nanjing, China in August 2014. The AOC intends to send a full team (estimated to be 100 athletes) as it did to Singapore in 2010. AOC Funding of $652,000 is budgeted for the 2014 Australian YOG Team.