Support for Sport Businesses
SportSG plays an integral role in nurturing resilience and inspiring individuals, and the larger society to live better through sport. With the current COVID-19 situation, strict measures have been adopted to keep Singaporeans safe. These measures have impacted both individuals and businesses in the sport industry.
Our sport industry will need to transform to continue to inspire and engage Singaporeans to live an active and healthy lifestyle. Many individuals and businesses in Singapore will continue to face challenges and the government has introduced a suite of support measures to help both individuals and businesses tide through these difficult times.
Sports Resilience Package
Working together with MCCY, Sport Singapore has implemented support measures which complement the Government’s initiatives (through the Unity, Resilience, Solidarity and Fortitude Budgets) to help both individuals and businesses transform and emerge stronger from Covid-19. In October, we announced the roll-out of the $50 million Sports Resilience Package (SRP), which includes $25 million for existing measures, as well as an additional $25 million for new and enhanced measures. The new measures under the SRP aim to support critical players in our sports ecosystem, to preserve core capabilities in athlete pathway and pipeline development, as well as to catalyse industry to provide innovative sports formats for Singaporeans to continue to stay active during these times. It includes:
- Operating Grant: The Operating Grant will help businesses critical in contributing to the sports ecosystem (such as sport academies and clubs, facilities and league operators) to offset operating costs.
- Capability Development Initiatives: These initiatives will go into developing capabilities through innovative offerings in sport events and sport programs, enhancing digital content development as well as offering training allowances for Coaches registered under the National Registry of Coaches (NROC) scheme.
Useful Resources and Links for Industry Partners
For clarification on the Resilience and Solidarity Budgets, please contact the following:
Enterprise Singapore (email@example.com
SME Centres @ ASME (firstname.lastname@example.org)
For any other queries, kindly email to SportSG QSM at SPORT_QSM@sport.gov.sg or call 1800-344-1177 during office hours (Mon to Fri, 9.00am – 6.00pm).