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Hong Kong Sports Institute and Hang Seng Bank offer cash incentives to HK medallists at 6th East Asian Games
The Hong Kong Sports Institute (HKSI) and Hang Seng Bank (Hang Seng) are pleased to announce that they will offer cash incentives to Hong Kong medallists at the 6th East Asian Games (EAG) under the Hang Seng Athlete Incentive Awards Scheme (Scheme). Any Hong Kong athlete who wins a gold medal in an individual event will be awarded a cash incentive of HK$50,000, while silver and bronze medallists will receive HK$20,000 and HK$10,000 respectively. Teams that win gold, silver and bronze medals will be presented with team awards of HK$70,000, HK$32,000 and HK$20,000 respectively. Initiated by the HKSI in 1994, the Scheme has been sponsored by Hang Seng since 1996. The Scheme provides cash incentives to Hong Kong athletes who achieve outstanding performances at the Olympic Games, the Paralympic Games and the National Games. The Scheme was expanded in 2005 to include medallists at the EAG and, in 2010, medallists at the Asian Games and the Asian Para Games, to further support the development of local sport. The Scheme has given out more than HK$30 million to about 360 top-performing Hong Kong athletes since 1996. The 6th EAG will take place in Tianjin, China from 6-15 October 2013. Nine countries and regions will be competing for titles in 24 different sports.
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