BikeNZ High Performance is investing in young riders for the future with the introduction of a Living Allowance Scholarship.
It is investing $100,000 per year to provide a living allowance scholarship for eight recipients who are targeted rider towards the Olympics in Rio 2016 and Tokyo 2020.
The scholarship is for targeted riders who make the commitment to move to Cambridge, which will become the centralised base for BikeNZ and the High Performance programme, situated at the new Avantidrome from next month.
“For some riders who are just coming into our programme and don’t receive any other financial support, then the move to Cambridge comes with significant financial investment,” said BikeNZ High Performance Director, Mark Elliott.
“We want to recognise that commitment and help towards the living costs for up to eight riders each year.
“We believe the benefits of a centralised programme in Cambridge will be immense, and already we are seeing performance gains and we are not yet based fully at the Avantidrome until next month.”
The scholarship is for riders, either in elite or under-19 categories, who currently do not receive any Performance Enhancement Grants from High Performance Sport New Zealand.
Applications close on 1 March with application details available from Hughie Castle, High Performance NZ Operations Manager (email: email@example.com)