The Delaware Tourism Office has launched the Delaware Sports Tourism Capital Investment Fund to provide support to sports facilities in the First State, established through the FY24 Bond Bill. From March 1 to April 12, the tourism office will be accepting applications for funding. Director Jessica Welch explained that the fund was created to provide financial support to new or existing sports facilities that host events, tournaments, and championships throughout the year, attracting out-of-state visitors and creating an economic impact at the state and local level. The goal is to help Delaware remain competitive when it comes to sports tourism.
Delaware has recently hosted major events such as the Atlantic 10 Women’s Basketball Tournament, the PGA’s 2022 BMW Championship, and the MEAC Volleyball Championship, along with regional high school and youth sports events. The plan is to support a range of different facilities, with applications expected from smaller venues holding high school lacrosse tournaments to larger facilities hosting bigger events. Events that take place on weekends in the summer bring in significant income to the state and create a reputation for the facility where they are held.
The fund is expected to attract more visitors to the state and continue to highlight reasons to visit Delaware. To provide information about the fund, the Delaware Tourism Office will hold two informative webinars for potential applicants to learn about the fund later this month.