Sport Ireland will invest a record €36m in all levels of sport during 2020.
The funding will include a €13.8m grant to fund core activities of 58 NGBs, while €9.4m will be earmarked to support high-performance programmes in the run-up to the Tokyo 2020 Olympic Games.
A further €8.3m will be invested in the country's 29 local sports partnerships and €2.43m in International Carding Scheme – a programme which provides financial support to athletes for their training and competition programmes.
The total is an increase on the €32m spent on sport during 2019.
“It is encouraging to see this significant uplift in funding for sport in Ireland," said Kieran Mulvey, chair of Sport Ireland.
"2020 will see Sport Ireland allocate the highest amount ever in grant funding across the board.
"The funding builds on 2019, a year which saw further development of the Sport Ireland Campus with the opening of Phase 2 of the Sport Ireland National Indoor Arena and a state of the art hockey pitch.
"These infrastructural developments underpin our athlete’s success on the playing field and further augment the Sport Ireland Campus as the epicentre of high-performance sport.”
