MINSK, 13 May (BelTA) – The International Weightlifting Federation (IWF) will allocate $500,000 in additional development funding for member federations, BelTA learned from the press service of the National Olympic Committee (NOC) of Belarus.
The funding will be allocated from the IWF's 2020 Development Program initially established to fund seminars and equipment. Following consultations, more than 130 applications for additional funding from various countries have been received.
“The cost estimates have been revised following the cancellation of a number of competitions around the world due to the spread of the coronavirus. The revised scope includes elements that will have a direct beneficial impact for athletes, including support for flights and accommodation in order to attend IWF-sanctioned competitions. In order to be eligible for development funding, IWF member federations must complete a global survey and provide a budget together with audited financial statements,” the message reads.