LSSIF Clients Secure €43 Million in Funding

A massive congratulations to our clients on their success in LSSIF 2024 grant allocations. A total of 13 clients were successful in this funding round and received €43.25 million, which is a monumental achievement for a range of NGBs, County Councils, Universities and sports organisations across Ireland. Undoubtedly, this funding will be transformative for a range of sports facilities and will have a significant impact on their communities.

Whilst we’re pleased with the success of many, we note that not everyone was successful in this round. However, it is encouraging to see that a reserve list has been created and we look forward to learning more about how this will be implemented.

Patricia Keenan, Director of Funding, 2into3

We’re thrilled for our clients on their recent success in securing over €43 million in funding LSSIF. We understand that unfortunately, there is some disappointment from certain applicants and await updates from the reserve list. It’s been a pleasure to work with a range of  projects from their initial stages of development. This funding will undoubtedly have a transformative impact on Irish sports infrastructure and communities across the country. Once again, congratulations to all involved and the real work of getting your projects implemented can commence!

 

Dennis O’Connor, CEO, 2into3

The overall level of funding available was significantly less than the demand, €173m vs €660m and 35 out of 90 applicants (39% of applicants) have been allocated funding so far. We are delighted that 60% of clients we supported secured an allocation and we will continue to work with those on reserve list to secure funding that reflects the scale of investment needed in Sports Infrastructure.

 

About LSSIF

Large Scale Sports Infrastructure Fund (LSSIF) is a government initiative which supports major investment in sports facilities. The aim of the Large Scale Sports Infrastructure Fund is to provide Exchequer support for larger sports facility projects.

On 26th April 2024, Catherine Martin T.D., Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, and Thomas Byrne T.D., Minister of State for Sport, Physical Education and the Gaeltacht, announced funding of up to €120m under the Large-Scale Sport Infrastructure Fund (LSSIF).

To view the full list of grant allocations, visit the government website here.

 

Get in touch

For more information on recent LSSIF allocations, contact our Director of Funding, Patricia Keenan at patricia.keenan@2into3.com or on 086 065 7347.