Tharman Shanmugaratnam's President's Challenge 2025 Expands to Arts and Sports

Wednesday, 4 September 2024, 20:25

Tharman Shanmugaratnam elaborates on the President's Challenge, emphasizing its new funding model for arts and sports. The initiative promises support for up to five years, significantly benefiting various organizations. As this program expands, it encourages the growth and sustainability of impactful projects in these sectors.
Channelnewsasia
Tharman Shanmugaratnam's President's Challenge 2025 Expands to Arts and Sports

Tharman Shanmugaratnam's Vision for Funding

In an exciting development, Tharman Shanmugaratnam has detailed the new structure of the President's Challenge, which aims to provide financial aid spanning three to five years rather than the previous one-time grants. This shift marks a substantial change in strategy, allowing benefiting organizations more time to cultivate their operations and potentially achieve self-sufficiency.

Broader Scope for Beneficiaries

The President's Challenge 2025 is set to enhance its focus on arts and sports, recognizing the vital role these sectors play in enriching community life. With this broadened scope, more diverse projects will receive the funding they need to flourish.

  • Long-term financial support
  • Opportunity for growth
  • Impact on community projects
  1. Increased funding duration
  2. Broader target sectors
  3. Encouragement of self-sustainability

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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