Chairman Nigel Wilson, a well-known Central Otago artist who took up the committee reins in August, said a full committee planned to build on the success of past WoolOn events.
WoolOn began in its current format in 2004 and was a key event of the Alexandra Blossom Festival, held each September.
In 2016, WoolOn became its own entity and a major Alexandra event, attracting national and international entries.
In recent years, the event was dogged by controversy - cancelling the event in 2019 amid a struggle to form a committee, a contentious relocation from Alexandra to Cromwell, designer boycotts and an attempted coup within the incorporated society.
In 2020, the event unravelled due to Covid-19 restrictions. On the heels of a successful show in 2021, the virus continued to plague organisers and the 2022 event was cancelled due to ongoing uncertainty.
Mr Wilson said plans were at the fundraising stage for WoolOn 2023, scheduled for August 14-15, and were looking beyond.

"Things are on track to repeat the WoolOn event that was last held at the Canyon in Bendigo in 2021."
The Canyon would again be the main venue for the awards, hosting the fashion show and dinner, in addition to educational events for schools. Events would also take place at Central Stories, including the current exhibition that would run through December and January.
"We will repeat the format of the 2019 show and, after that, it will be easier for us.
"Jamie [Richards], who is the design liaison, has done a great job of contacting designers and we are confident of their desire to be involved."
Mr Wilson referenced the World of Wearable Art (Wow) as a source of possible inspiration.
Stressing that it was a personal view only, he said there was nothing to prevent the development of WoolOn into an international event from Central Otago, in collaboration with other artists and producers or distributors from the region.
"There is great promotional potential."