Amateur athletes invited to seek Investors Group funding

Applications are now being accepted for the Investors Group’s Amateur Athlete Bursary Fund. The fund was established by the Investors Group in 2000 to help Canada’s top amateur athletes. Working in partnership with AthletesCAN, the fund awards 20 bursaries of $5,000 to Canadian amateur athletes each year. The selection committee is made up of active and retired national team athletes and officials from AthletesCAN.

The bursary fund is open to any active senior national team athlete who is deemed eligible and in good standing by the appropriate national sport federation. This includes Paralympic, Pan American, Commonwealth, Olympic, and senior national team athletes. The applicant must be a Canadian citizen or landed immigrant permanently residing in Canada and is committed to training and competing for the country in the upcoming year.

The athlete’s gross income, from all sources in the preceding year, must be less than $50,000 but athletes with an income greater than that annual amount and can demonstrate financial need may also be eligible.

The bursary is available twice to each athlete during his or her athletic career.

Canadians attending university in the U.S. and competing in the National Collegiate Athletic Association should check with their school’s NCAA Bylaw Compliance Officer to confirm if they are eligible.

Athletes must complete a Team Investors Group Amateur Athletes Fund Application form for activities in the 2008 calendar year and submit the original copy by mail to the AthletesCAN office by Jan. 31 of this year. No faxed or emailed applications will be accepted. Included with the application form must be a one-page letter outlining your community involvement; a one-page personal letter outlining your life goals after your athletic career; your approach to sport; your goals for the future and what the bursary will be used for and its impact; and one letter of reference from an organization for which you have been an active volunteer during the past 12 months.

A formula used to determine successful applicants is based on athletic achievement (40%), financial need (30%), and community involvement (30%).

While one male and one female from one sport will be selected for the top 20 bursary recipients, more than one athlete of either gender in all sports may apply. To download the application, visit