Direct Financial Support to Athletes
With effect from 2007-08, the Government allocates an additional $20 million recurrent funding to the HKSI annually to improve the direct financial support to athletes. This is to provide elite athletes with a more financially stable environment to undergo training and compete in Major Games.
With the new funding in place, there will be three funding schemes for the support to elite athletes:
1. Elite Training Grant (ETG)
The ETG is designated for the HKSI Scholarship Athletes of Elite Sports and elite athletes of Development Sports under the Individual Athletes Support Scheme. The ETG is a lump sum grant to replace the previous monthly stipend and Sports Aid Foundation Fund for Scholarship Athletes of Elite Sports.
2. Sports Aid Grant (SAG)
The SAG is provided to elite athletes of Development Sports not under the Individual Athletes Support Scheme, and elite athletes of Elite Sports not under the HKSI Sports Scholarship Scheme.
3. Sports Aid for the Disabled Grant (SADG)
The SADG is provided to elite athletes with disabilities.
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