As part of the New Zealand Rugby Union’s Silver Lake deal, 7.5 million dollars' in funding will be made available for rugby clubs throughout New Zealand.
Known as the Short-Term Stakeholder Investment (or SSI), funding represents a contribution from New Zealand Rugby and Provincial Unions to members and rugby stakeholders to reflect their importance and value to the game and build financial stability into the rugby system.
Funding is accessible to New Zealand clubs direct through their respective Provincial Union. The Bay of Plenty Rugby Union will have access to approximately $500k worth of funding that will be made available and distributed to clubs in the Bay of Plenty.
Bay of Plenty rugby clubs must apply for this funding and pass three criteria to be eligible.
Any club which does not meet the eligibility criteria can apply for consideration through their local Provincial Union and be assessed by the Provincial Union working group.
Junior and Senior clubs are treated as one club and will receive one round of investment.
Warena Morgan, BOP Board Member and Chairman of BOP Club Rugby Working Group says that access to funding will do wonders for clubs throughout the Bay of Plenty.
“Having access to SSI funding opens doors to opportunities that before we were unable to action,” says Morgan.
“SSI funding will give some ability for clubs to invest back into the game and their communities. I am sure the club I belong to, Te Karapu o Whakarewarewa will welcome the much needed funding and use it to benefit all levels of Rugby within the club, community and our future players."
Article added: Friday 09 September 2022
BAY OF PLENTY RUGBY UNION
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EMAIL OFFICE@BOPRUGBY.CO.NZ