One Team Singapore Fund to help athletes continue achieving the extraordinary
12 October 2017
By Wong Jeng Teng
Approximately 80 TeamSG athletes and 100 representatives from different corporations gathered on Tuesday night to honour the sporting achievements accomplished during the recent 29th SEA Games and 9th ASEAN Para Games.
The “Celebrate the Extraordinary” event also saw the official launch of the One Team Singapore Fund (OTSF). Minister for Culture, Community and Youth Grace Fu, who was the event’s guest-of-honour, made a speech thanking the athletes for their tireless efforts, and expressed her gratitude towards business partners who have backed up TeamSG in recent years.
She urged more companies to do the same by linking up with the newly-announced OTSF. “With the launch of the OTSF, all of us – from individuals to businesses and organisations – can make a donation to support our athletes in high performance sports.
Team Singapore paddler Jason Chee all smiles at the "Celebrate the Extraordinary" event. Photo: SportSG
Together, let’s all support our athletes as One Team Singapore, as they strive to bring glory to our nation,” she said. Corporations and individuals alike can now play a direct role in supporting TeamSG by contributing towards the OTSF.
The fund supports the High Performance Sport (HPS) System in various areas, such as competition opportunities, coach development, as well as sports science and medicine. In tandem with this, the government will be matching contributions to fund, up to a value of $50 million, over the next five years.
Additionally, National Sport Associations (NSAs) with Charity and Institutions of Public Character (IPC) status can also apply for matching grants through the NSA-OTSF Scheme, under which the funds can be utilised based on development plans agreed upon by NSAs and Sport Singapore.
During the event at Swissotel The Stamford, the OTSF received $500,000 from its first group of donors. Running club Tiong Bahru Garden Joggers and Deloitte Singapore presented their cheques of $100,000 and $150,000 respectively, while Fullerton Health, inspired by Deloitte taking the lead in corporate donation, pledged $250,000 on the spot.
James Walton, Partner, Clients and Markets (SEA), Deloitee Singapore (left) with Minister for Culture, Community, and Youth Ms Grace Fu on stage with a cheque as the One Team Singapore Fund is launched. Photo: SportSG
“We’re hoping that the OTSF can really help support the athletes beyond the spex (Sports Excellence) programme, and create a bigger pool, particularly for younger athletes coming through,” said James Walton, Partner, Clients and Markets (SEA), Deloitte Singapore.
“Even if it’s just $10,000 or $20,000, with the matching contribution, it really can make a difference,” he continued. With the OTSF set to increase the level of monetary support TeamSG will receive, athletes are looking forward to the impact that the new initiative will have.
“The way to [improve] is [to] use a lot of sports science equipment. We’re buying more technology, and all these cost a lot of money. There is still a lot out there that we can use [to] help us better ourselves. This is one area that we can use the funds for,” said swimmer Amanda Lim.
Team Singapore's Amanda Lim (second from left) in conversation with Minister Grace Fu. Photo: SportSG
TeamSG archer Nur Syahidah Alim agreed, adding that more funding will help the nation’s para-athletes gain much-needed competition exposure. “In order for us, as para athletes, to perform beyond our normal standards, and possibly even reaching able-bodied standards, the funds will [help and] enable us to go for not just para-championships, but also able-bodied championships as well,” she said.
Beyond consistent monetary support from the OTSF, hurdler Dipna Lim-Prasad also believes the initiative is a good way for Singaporeans and supporters to back up TeamSG athletes in a more purposeful manner. “An overarching theme of all the [supportive] messages I’ve received [after the SEA Games] was ‘we want to contribute but we don’t know how’. There’s a group of people who want to give personal sponsorships, and that’s great and useful,” she shared. “This central [OTSF] fund will be a good avenue for that,” Lim-Prasad concluded.
For more information on the One Team Singapore Fund and find out how you can contribute, visit this link.