How many national sports associations will receive financial assistance from OCM?

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Thirty National Sports Associations Will Receive Financial Assistance from the Olympic Council of Malaysia

The Olympic Council of Malaysia (OCM) has approved financial assistance for 30 National Sports Associations (NSAs) as part of a grant to help them manage administrative expenses affected by the Covid-19 pandemic. A total of RM265,000 has been allocated for this purpose, with individual associations eligible to receive a maximum of RM10,000.
Grant Allocation for 30 National Sports Associations

The OCM's Trust Management Committee for the OCM Trust Fund has agreed to disburse grants to 23 ordinary members and seven associate members of the OCM. This combined total of 30 National Sports Associations will benefit from the approved financial aid.
Total Grant Amount and Individual Limits

The overall grant approved for these 30 NSAs amounts to RM265,000. Each NSA can receive a maximum grant of RM10,000, ensuring a widespread distribution of support across the affected sports bodies.
Disbursement Timeline

The financial assistance is scheduled to be disbursed within the coming week. This timely disbursement aims to provide immediate relief to the National Sports Associations.
Establishment of the Special Covid-19 Fund

The OCM established the Special Covid-19 Fund specifically to provide support to NSAs. This fund was created to help these organisations cover their administrative expenses, particularly during a period when event cancellations and the inability to organise competitions have significantly impacted their revenue streams.

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How many national sports associations will receive financial assistance from OCM?

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