Please select your home edition
Edition
Zhik ATR Aroshell SW LEADERBOARD

America's Cup: $20million fund created to provide Cup legacy

by Ministry of Internal Affairs 28 Nov 2018 19:29 PST 29 November 2018

A stand-alone Lottery Fund has been created to help communities throughout New Zealand benefit from the 2021 America’s Cup.

Internal Affairs Minister Tracey Martin says the Fund allows community groups to apply for grants that will create community benefit related to Auckland hosting the America’s Cup, maximising the benefits from the event.

“The America’s Cup is a global event, and having it here is a significant opportunity – one that can benefit towns and cities across New Zealand in the lead up to, during and post-2021,” Minister Martin said.

“While Auckland will be hosting the event, the Fund aims to spread community gains across the country.”

Answering questions in Parliament today on the new Fund, the Minister made it clear that yacht clubs were one group who would be able to apply for funding from the America's Cup fund.

The Lottery Grants Board made the decision to create the Fund – the Lottery Fund for Community Benefit Related to the America’s Cup Committee – and it has been allocated $20 million.

The Fund will be open until the end of December 2020 or until funding has been fully distributed. Funding is available for capital projects and items that relate to or connect New Zealanders to the 2021 America’s Cup.

A new Lottery Distribution Committee, responsible for making decisions on applications to the Fund, has also been appointed.

The newly appointed members have knowledge and experience from a range of different areas as well as being experienced Lottery Committee members. Katie Noble and Richard Pamatatau have knowledge of Auckland communities’ networks and needs, while Arihia Tuoro and Garth Clarricoat have experience of national funding. Ms Noble has been appointed as the Chair of the Committee.

“Lottery distribution committees make a major contribution to communities across the country. The appointees bring a wealth of knowledge, experience and community connections,” Minister Martin says.

The first decision meeting of the Committee will be held in mid-December 2018.

Further information on the Fund can be found on the Department of Internal Affairs Community Matters website: click here

Details on how to apply for the Fund can be found by clicking here

Related Articles

America's Cup World Series schedule becomes clear
The America's Cup Challenger of Record, has published but not spelt out details of the World Series The America's Cup organisers have followed the line of the previous trophy holder by meeting a publication deadline without publicly revealing any specifics after an 11th hour negotiation between Cup organisers, venues, teams and sponsors. Posted on 30 Nov
America's Cup: Plenty of sheep in The Paddock
Unanswered questions on an upper end wind limit for the 36th America's Cup got a partial response UPDATE Two new videos added shot by Ivan Balaja from his coach boat. The unanswered questions on an upper end wind limit for the 36th America's Cup got a partial response from the Defender in a training session east of Browns Island, today. Posted on 22 Nov
America's Cup: Te Aihe heads out to The Paddock
Emirates Team NZ's AC75, Te Aihe was back on the Waitemata Harbour for the second day in a row Emirates Team NZ's AC75, Te Aihe was back on the Waitemata Harbour for the second day in a row, after spending almost two weeks in the shed. Posted on 20 Nov
Te Aihe plays with the 49ers ahead of the Worlds
Light winds weren't that co-operative with Emirates Team New Zealand's Te Aihe on Tuesday Light winds weren't that co-operative with Emirates Team New Zealand's Te Aihe on Tuesday when she ventured out on the Waitemata for the first time in almost two weeks. Posted on 20 Nov
America's Cup: American Magic's foiling tack video
The New York Yacht Club's Challenger for the America's Cup has released a short video The New York Yacht Club's Challenger for the America's Cup has released a short video shot in Newport, showing that they too, can do a foiling tack without getting wet Posted on 19 Nov
America's Cup: Luna Rossa's AC75 foiling - Video
First video released by Luna Rossa Prada Pirelli of their AC75 foiling in Cagliari, Sardinia First video released by Luna Rossa Prada Pirelli of their AC75 foiling in Cagliari, Sardinia. Posted on 15 Nov
America's Cup: The Agony and Ecstacy
Like all professional sports, race results in the America's Cup mean more than just bragging rights “A little bit of boat speed makes you famous” once said an America's Cup skipper. The unsaid flip side is that a lack of it, will relegate you to obscurity. Posted on 15 Nov
Burling and Tuke announce new ocean ambition
Olympic champions Peter Burling and Blair Tuke have announced the establishment of Live Ocean Olympic champions Peter Burling and Blair Tuke have announced the establishment of Live Ocean, a registered New Zealand charity with a focus on ocean conservation. Burling and Tuke say they're excited about what may be their biggest challenge of all. Posted on 10 Nov
America's Cup: Two AC75s line up in NZ and UK
Two videos that show some of the similarities and differences between the Brits and Kiwi's AC75s America's Cup teams sailing against each other, other than at sanctioned events is illegal under the Protocol for the next America's Cup. Here is the next best thing - two videos that show the similarities and differences between the AC75 designs Posted on 8 Nov
America's Cup: Te Aihe nosedives at high speed
Spectacular high speed AC75 nosedive caught on camera Emirates Team New Zealand's AC75 had a high speed nosedive while sailing upwind in moderate to fresh winds on the Hauraki Gulf today. The sequence was caught on camera, at long distance, by Sail-World NZ. Posted on 7 Nov
Melges IC37 2019 FooterNaiad 660x82px_TouristMarine Resources 2019 - Footer