FUNDING OF THE OLYMPIC SPORTS

The Lithuanian National Olympic Committee (LNOC) is an autonomous non-profit public organization that belongs to the global Olympic Movement.

The LNOC delegates athletes for representing Lithuania at the Olympic Games and other Olympic events – the European Games, the Youth Olympic Games and Olympic Festivals. It also provides financial support for athletes and the activities of sports federations, gives Olympic scholarships to athletes, conducts programmes for raising the qualifications of sports and sports medicine specialists, and encourages the development of sports science and medicine.

In accordance to the Olympic Charter, the LNOC membership includes all the national federations who have become members of international federations and whose sports or disciplines are included in the Olympic Games program, persons contributing to the development of sport and Olympism and other entities defined in the LNOC’s regulations.

The LNOC’s activities are funded by UAB Olifėja (the LNOC owns 51% of Olifėja’s shares), the International Olympic Committee, sponsors and partners, and the LNOC’s subsidiary organization the Lithuanian Olympic Fund.

According to the LNOC’s activity and budget plan for 2019, about 80% of the budget, i.e. EUR 8.03 million, would be spent on funding the Olympic sports. This has been the biggest amount so far in the history of the LNOC.

THE CONCEPT OF “FUNDING OF THE OLYMPIC SPORTS“

The Lithuanian National Olympic Committee uses its own budget to fund the following:

  • development programmes of federations of the Olympic sports
  • participation of Lithuania’s teams in the Olympic Games, the Youth Olympic Games, the European Games, the European Youth Olympic Festivals, and Olympic test events
  • the preparation of athletes of Olympic sports federations* for: the Olympic Games, the Youth Olympic Games, the European Games, the European Youth Olympic Festivals (summer and winter)
  • Olympic grants
  • acquisition of special sports equipment
  • acquisition of special transport
  • maintenance of specialized sports centers
  • salaries of coaches and medical staff
  • anti-doping education programmes

*only of those sports the athletes of which have realistic opportunities of participation at the Olympic Games

FUNDED PROGRAMMES

The main programmes funded by the LNOC are “TOKYO 2020” and “BEIJING 2022”. In 2019, the LNOC has allocated EUR 4.53 million for the funding of these programmes. Another EUR 3.5 million are used to fund the operation of sports federations that are the LNOC’s members, the new Olympic Generation programme and the preparation for and participation in the European Youth Olympic Festivals (Winter and Summer), the Youth Olympic Games, anti-doping education programmes, etc.

Funding of the “TOKYO 2020” programme:

Olympic team training sports activities – EUR 2.85 million, grants for candidates to the Olympic team – EUR 850.000, salaries for coaches and service staff – EUR 200.000, maintenance of mini centers, sports bases, and dormitories – EUR 90.000, special sports equipment – EUR 180.000, participation in test events and acclimatization MTS of the Olympic team – EUR 80.000, implementation of the TOKYO 2020” programme – EUR 20.000.

Funding of the “BEIJING 2022” programme:

Olympic team training sports activities – EUR 210.000, grants for candidates to the Olympic team – EUR 35.000, special sports equipment – EUR 15.000.

Other financial flows for funding the Olympic sports in 2019:

Medical and scientific servicing of candidates for the Olympic team – EUR 400.000, buying special transport – EUR 150.000, preparation and participation – EUR 190.000 (???), new Olympic generation programme – EUR 990.000, preparation for and participation in the European Youth Olympic Winter Festival in Sarajevo (Bosnia and Herzegovina) – EUR 60.000, preparation for and participation in the European Youth Olympic Festival in Baku (Azerbaijan) – EUR 330.000, preparation for the Youth Winter Olympic Games in Lausanne (Switzerland) – EUR 70.000, funding of the LNOC’s members sports federations – EUR 1.28 million

DISTRIBUTION OF FUNDS

Criteria for programmes funding projects and the distribution of funds are prepared by the LNOC’s expert commission and approved by the LNOC executive committee.

CRITERIA FOR LNOC’S FUND DISTRIBUTION

The LNOC’s funds distribution criteria are defined by the LNOC’s expert commission and approved by the LNOC Executive committee. These criteria are strictly followed when allocating funding for sports training (preparation for participation in major events), Olympic grants for candidates and salaries of coaches.

With regard to requests from sports federations, the LNOC expert commission considers and allocates funding for acquisition of sports equipment and special transport, medical and scientific servicing, salaries of coaches and medical staff, and maintenance of specialized sports centers.

EXPERT COMMISSIONS FOR LITHUANIAN ATHLETES’ PREPARATION FOR AND PARTICIPATION IN TOKYO OLYMPIC GAMES AND BEIJING WINTER OLYMPIC GAMES

Expert commissions prepare projects for funding the Lithuanian teams’ participation in the Olympic Games and European Games, the preparation of athletes by federations of the Olympic sports for participation in said Games, acquisition of special sports equipment, acquisition of special transport, maintenance of specialized sports centers, salaries of coaches and medical staff, and anti-doping education programmes.

Expert commissions also discuss the funding of the young Lithuanian athletes’ participation in the Youth Olympic Games and the European Youth Olympic Festivals.

MEMBERS OF THE EXPERT COMMISSION FOR LITHUANIAN ATHLETES’ PREPARATION FOR ANT PARTICIPATION IN XXXII TOKYO OLYMPIC GAMES:

  • • Einius Petkus – Chief, Director of the LNOC Olympic Sports Directorate
  • Agnė Vanagienė – Deputy Chief, LNOC’s project manager
  • Linas Tubelis – Deputy Chief, Director of the LOSC
  • Kazys Steponavičius – member, Deputy Director of the LNOC Olympic Sports Directorate
  • Vida Vencienė – member, Chief referentė of the LNOC Olympic Sports Directorate
  • Edmundas Švedas – member, chief physician of the LSMC
  • Egidijus Balčiūnas – member, Deputy Director of the LOSC
  • Arvydas Sapka – member, President of the Sports Education Establishments Heads Association
  • Albinas Grabnickas – member, President of the Lithuanian Municipalities Sports Divisions Heads Association
  • Dalius Barkauskas – member, Chair of the LNOC’s Sport Medicine and Anti-Doping Commission
  • Lina Vaisetaitė – Secretary, programme manager of the LNOC Olympic Sports Directorate
© 2018 LTOK, LTeam.
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