MORE athletes preparing to join qualifiers for the 2020 Tokyo Olympics and other international meets, can avail of financial assistance from the International Olympic Committee.
Philippine Olympic Committee first vice president Joey Romasanta said this during Wednesday’s POC General Assembly at the Wack Wack Golf and Country Club in Mandaluyong.
Romasanta said he got word on this when he went to a IOC meeting in the last week of March in Korea.
Through the scholarships, he said that national athletes who make the cut can avail of a $500 monthly allowance.
The subsidies for athletes will be a four-year program.
Aside from this, they can get an additional subsidy for international exposure that’s pegged for a year, if they’re training for continental competitions.
The IOC Solidarity Committee is undertaking this program in coordination with the involvement of international federations.
Screening for candidates and selection for those qualified will begin this September.
So far, Filipino athletes have received a total of $200,000 in subsidy.
This is for 16 scholars, who made it in the previous Olympic cycle from 2014 to 2016.
