T&T sportsmen and women will no longer be competing just for glory of victory after government yesterday gave approval for monetary rewards through the adoption of the National Policy on Sport (NPS) 2017-2027.

The policy was laid in Parliament by Ministry of Sport and Youth Affairs Darryl Smith due to the fact that T&T has been without a national sport policy since the expiration of the 2002 National Sport Policy in 2012.

Emanating from the policy is the institution of a formal documented Incentives and Rewards Framework for national athletes who medal at the Olympics, Paralympics, World Cup and/or World Championships in identified sporting disciplines and thereby bring international recognition to T&T.

This Framework, which also received Cabinet’s favourable consideration, will see athletes medalling at the Olympic Games being awarded TT$1,000,000 for gold medal,TT$500,000 for silver medal and TT$250,000 for bronze medal achievements.

Athletes medalling at World Cup/World Championships will be awarded $500,000 for gold medal achievements, $250,000 for silver medal achievements and $125,000 for bronze medal achievements.

This means that national athletes will no longer have to wonder what they will receive for their successes in sport on the international stage.

The new policy 2017-2027 was systematically developed through document reviews, public consultations, stakeholder interviews and a combination of electronic and other survey methods. The Policy embraces two overarching themes, namely, ‘Development of Sport’ and ‘Sport for Development’, which in turn are underpinned by 13 broad objective areas, focused on achieving the policy vision of the establishment of clear pathways towards holistic sport development and sporting achievement.

Moderator Nicole Duke-Westfield makes a point during last week’s panel on evaluating business plans at the sports industry conference hosted by the Trinidad And Tobago Olympic Committee at the Hyatt Regency in Port of Spain

When it comes to seeking sponsorship and loans from banks, sport organisations and entrepreneurs need to “up their game, “make themselves more attractive” and “improve their brand”.The advice came from banking executives at last week’s Sport Industry Conference, hosted by the Trinidad and Tobago Olympic Committee (TTOC).

Minister of Sport Darryl Smith launches a new National Sports Policy yesterday at the Parliament Chamber, Waterfront, PoS.

SPORTS Minister Darryl Smith says the new National Sports Policy will assist in a number of areas, including funding for elite athletes.

The Minister of Trade and Industry, Senator the Honourable Paula Gopee-Scoon today urged entrepreneurs to hone in on the multitude of entrepreneurial opportunities available in sport given the potential of the sector to contribute to national economic diversification. 

pdf ADDRESS: SENATOR THE HONOURABLE PAULA GOPEE-SCOON MINISTER OF TRADE AND INDUSTRY (199 KB)

Rotary Club of Port-of-Spain president Alain Laquis, left, chats with Port-of- Spain Sports Council coordinator Kelvin Nancoo during the launch of the Port-of-Spain Rotary Club Games at Goodwill Industries, Fitz Blackman Drive, Wrightson Road, on Tuesday. PICTURE NICOLE DRAYTON

President of the T&T Olympic Committee (TTOC) Brian Lewis paid tribute to the work of the the Rotary Club of Port-of-Spain (POS) for their outstanding contribution to Sport, Education and building the social fabric of T&T.

Participants at the third Annual TT Olympic Committee Sport Industry TT Conference at the Hyatt Regency, on Thursday.

SENATOR Paula Gopee-Scoon, Minister of Trade and Industry, has said sport has a crucial part to play in the diversification of the TT economy.

  pdf ADDRESS: SENATOR THE HONOURABLE PAULA GOPEE-SCOON MINISTER OF TRADE AND INDUSTRY (199 KB)

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