What Can the International Single Sport Events Hosting Program Fund?
The International Single Sport Events (ISSE) Hosting Program, managed by Canadian Heritage, is designed to support national sport organizations (NSOs) in hosting international sport events such as World Championships and Olympic qualifiers in Canada. This program aims to bolster high-performance sport development and elevate the international profile of Canadian sport organizations.
Program Funding Overview
The ISSE Hosting Program provides financial assistance to Canadian NSOs seeking to host international single sport events. The funding model includes grants that help cover a range of event-related expenses, ensuring that Canadian-hosted events meet international standards and contribute to the development of athletes.
For full eligibility details and specific funding amounts, consult the complete program guide.
Funding Amounts & Rates
The program offers two tiers of funding based on the level of request:
Tier I: Up to $250,000, requiring application submission at least six months prior to the event.
Tier II: Over $250,000, with a submission deadline minimum of 24 months before the event.
For detailed funding calculations and current rates, refer to the complete program guide.
Eligible Expenses
The ISSE Hosting Program covers a wide array of expenses involved in hosting international events. Eligible costs include, but are not limited to:
Personnel Costs: Salaries for event managers and technical staff.
Venue Expenses: Rental fees for facilities and related equipment.
Travel and Accommodation: Costs for athletes, coaches, and officials.
Marketing and Promotion: Efforts to increase event visibility.
Medical Services: On-site medical staff and facilities.
It’s important to consult the complete program guide for a comprehensive list of eligible expenses.
Ineligible Expenses
Certain costs are not covered by the ISSE Hosting Program, including:
Capital expenditures (e.g., construction of facilities).
Costs incurred outside the approved funding period.
Non-essential personnel.
These exclusions are detailed further in the complete program guide.
Expense Documentation Requirements
To claim eligible expenses, organizations must provide detailed documentation, including invoices, receipts, and contracts. Proper record-keeping is essential for audit readiness and compliance. Guidance on documentation can be found in the complete program guide.
Real-World Budgeting Tips
Effectively plan your event budget by maximizing eligible expenses and preparing for ineligible costs. Consider strategies such as:
Allocating resources efficiently across eligible categories.
Preparing a contingency plan for unforeseen expenses.
Consulting with financial advisors specialized in sport event planning.
Conclusion
The International Single Sport Events Hosting Program is a crucial support mechanism for Canadian NSOs aiming to host major international events. By understanding eligible expenses and leveraging the available funding, organizations can ensure successful event execution. For detailed guidance and support, consult the complete program guide.
