The Duyfken 1606 Replica Foundation has secured the future of its prized sailing ship in WA until mid-2019.
The Dutch replica looked like it would be relocated overseas after the State Government decided against renewing an annual staffing grant worth $160,000.
The government was also set to trim maintenance funding worth $125,000 annually when the grant expired in 2021.
But foundation chief executive Peter Bowman said extra time had been bought after the State Government agreed to bundle four years’ worth of maintenance funding into a two year package.
The $500,000 will keep the ship up to scratch, its workers paid and offer the foundation a window to chase fresh funding sources.
“It gives us a sense of security for two years,” Mr Bowman said.
“With good management we should be able to draw that out for three years.”
A spokeswoman for the State Government confirmed the grant funding, which will cease in July, 2019.
She said assistance was also offered to help the foundation move “towards a more permanent financial solution”.
“We understand the foundation is canvassing support for additional income streams and if other parts of the community would like to support the foundation that would be encouraging,” she said.
The $3.7 million Duyfken, built in Fremantle and launched in 1999, is a copy of the tall ship used by the first Europeans to set foot on Australian soil in 1606.
Mr Bowman said the Little Dove had attracted 1100 passengers during 65 summer twilight sails on the Swan River in 2017-18.
He expected that figure would climb close to 1600 people into the 2018-19 season.
The vessel is currently docked at the Fremantle Fishing Boat Harbour where more than 4000 students will board for school programs over the coming two terms.