The Delaware Tourism Office is launching a new fund, the Delaware Sports Tourism Capital Investment Fund, to provide financial support to sports facilities across the state. This initiative was made possible through the FY24 Bond Bill and will be open for applications from March 1st to April 12th.
According to Jessica Welch, Director of the Delaware Tourism Office, the fund was established with the goal of supporting new or existing sports facilities that host events and tournaments throughout the year. These facilities help attract out-of-state visitors and put people into hotel rooms, creating an economic impact at both the state and local level.
Delaware has recently hosted several high-profile sporting events such as the Atlantic 10 Women’s Basketball Tournament, PGA’s 2022 BMW Championship, MEAC Volleyball Championship, and many regional high school and youth sports events. The plan is to use this fund to support a range of different facilities that can continue to bring in visitors from outside of the state.
The fund will not only benefit individual facilities but also contribute to Delaware’s reputation as a top destination for sports tourism. Officials hope that this investment will help attract more visitors to Delaware and shine a light on all that the state has to offer.
To learn more about this exciting new opportunity, potential applicants are invited to attend two informative webinars hosted by the Delaware Tourism Office later this month.