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THROWING NEWSMAJOR SHIFT IN NSF FUNDING PHILOSOPHY UNDERLINES COMMITMENT TO HIGH PERFORMANCE SPORT EXCELLENCE EDMONTON (April 19, 2002) - The Canadian Olympic Association today put its money where its mouth is, approving a major shift in its funding practices and adopting a High Performance Support Program that truly reinforces its commitment to high performance sport excellence. The new High Performance Support Program takes effect in the next quadrennial beginning January 1, 2005. Until that time a transitional plan has been adopted. This new program adds a critical accountability factor to the COA's funding of national sport federations. Payments now will be split into three components. The first 30% is based on the sports' high performance planning and evaluation. To receive this amount, the sports will submit a realistic four-year plan of objectives and benchmarks to a sport technical expert panel for interactive analysis and approval. The next 40% will be based on high performance progress and achievement according to the established benchmarks. The final 30% is a major departure for the COA and will recognize each sport's performance at the Games. It will be distributed from a bonus pool, with a two-tier ranking for first-to-third and fourth-to-eighth place finishes by its athletes. In his inaugural message to the board of the directors, the COA's new Chief Executive Officer Jim Thomson stated: "The COA must be a beacon for high performance sport in Canada, with all programs, operations and funding geared to this high performance orientation." He added that "This new High Performance Support Program is a clear and bold move in that direction." The new program is a critical outcome of the COA's Vision for Sport, adopted in November 1999, which calls for Canada to place fourth as a nation at the 2004 Olympic Games in Athens and a first place finish in the 2010 Olympic Winter Games. The COA, a private, not-for-profit corporation, is the largest private sector funder of high performance sport in Canada. It is responsible for all aspects of Canada's involvement in the Olympic Movement, including Canada's participation in the Olympic and Pan American Games. In addition, the COA manages a wide variety of programs that promote the Olympic Movement in Canada through cultural and educational means. For more information see the COA website: www.coa.ca If you have news, results or information that you would like to share, please let us know by using our submissions form or contact Larry Steinke. [ MEET INFORMATION ] [ ANALYSIS & TIPS ] [ THROWS ARTICLES ] [ INTERVIEWS ] [ RECORDS ] [ RESULTS ] [ CLASSIFIEDS ] [ HOT LINK ARCHIVE ] [ DISCUSSION FORUM ] [ SUBMISSIONS ] [ THROWERS QUIZ ] [ GUESTBOOK ] |
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