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Local sports industry to receive an additional $25M as part of Sports Resilience Package

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The Ministry of Culture, Community and Youth will roll out 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. Of the new measures, $13.5 million will go towards helping businesses critical in contributing to the sports ecosystem offset its operating costs.

The grant will help these businesses, which include private clubs and academies as well as league and facility operators, to continue operating while exploring opportunities and shifting their offline businesses, online.

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