Basketball Ballarat receives $10m federal funding boost

Basketball Ballarat’s hard work has paid off – to the tune of a $10 million funding boost for the Ballarat Sports and Exhibition Centre.

Ballarat’s basketball community is the biggest winner following an announcement by Senator Jane Hume on Monday that the association has been successful in the latest funding round of the Australian Government’s Building Better Regions Fund (BBRF).

With the BBRF added to the project, the Ballarat Sports and Event Centre (BSEC) expansion has been fully realised at $23.4 million and will turn the stadium into one of Victoria’s best sporting facilities.

The Federal Government funding means the current $14 million Community Court expansion of the BSEC will be enhanced by the Federal Governments Regional Events Hub, which will allow the region to again become a prominent key player in securing major national levels sports events for the region.

Ballarat Basketball’s CEO Peter Eddy said the full vision for the stadium could now be realised thanks to the hard work of the entire Ballarat community and all levels of government.

“Senator Hume’s efforts along with the significant bi-partisan support the project has received from all levels of Government and from all members of Parliament has helped to keep the bid team motivated to seek funding,” Eddy said. “The Ballarat Sovereigns and Ballarat Badminton Association, along with the broader basketball and netball communities, have all worked hard to help achieve this vision.”

Eddy also paid tribute to the Project team at Ballarat City Council who have committed tirelessly and enthusiastically to the funding application processes.

Basketball Victoria Country manager David Huxtable wanted to congratulate Basketball Ballarat and all tiers of government for contributing to the region’s ever-growing basketball community.

“BVC congratulates Ballarat Basketball on the Federal Government Funding announcement yesterday,” Huxtable said. “The announcement reflects the culmination of work by Basketball Ballarat over a number of years.

“It shows what can be achieved by working with all three levels of government, being consistent in delivering your message and developing a plan that meets not only the local needs of the association, but the sport across regional Victoria, nationally and even internationally.

“Basketball Ballarat is well recognised in the event space and will now boast a facility that will match and even surpass facilities anywhere in Australia.

“The bottom line is that the facility will assist with the growth of the sport in Ballarat and in the greater Ballarat and Grampians region.”

Ballarat

All Ballarat teams are set to greatly benefit from the expansion of the current stadium. Picture: BVC

Senator Hume said the Basketball Ballarat project would receive $10 million through the Coalition’s Building Better Regions Fund, for the expansion of the Ballarat Sports and Events Centre, making the project a reality.

“Ballarat will receive great benefits from this project, including better sporting facilities, becoming a hub for large-scale tournaments, and improved health and well-being,” Senator Hume said.

“We’ve fought long and hard for this project and it’s so great to see it delivered for Ballarat and Western Victoria.

“The Building Better Regions Fund received more than 500 applications and ours was one of about 100 which were approved.

“I congratulate the Ballarat Basketball Association and look forward to working with them to deliver benefits to the community of Ballarat.”

It is hoped that the construction period of the Ballarat Sports and Events Centre expansion will be scheduled from September 2017 until October 2018.

The Building Better Regions Fund is expected to open another round of funding before the end of the year.

More information about the Building Better Regions Fund is available at: www.business.gov.au/bbrf

 

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