KUALA LUMPUR, The Youth and Sports Ministry (KBS) through Esports Integrated (ESI) increased the allocation for the 2024 KBS ESports Fund from RM250,000 to RM 1 million.
A statement issued by ESI today stated that the RM1 million fund will be divided into two categories of which RM700,000 is given to the public with a maximum funding limit of RM30,000 and the remaining is for public and private institutions of higher with a maximum funding limit of RM15,000.
According to ESI, the increase in funds is expected to increase the number of beneficiaries and drive the growth of the country’s e-sports ecosystem.
“This fund covers various initiatives, including talent development, organising e-sports events and competitions, upgrading e-sports facilities, e-sports science and research initiatives, as well as community e-sports programmes.
“Small organisations, clubs, associations and companies that need financial assistance to organise e-sports programmes, competitions and events are invited to apply,’ read the
statement.
Applications for the KBS ESports Fund 2024 must be made online via the link https://esportsintegrated.com/2024/07/24/dana-esukan-kementerian-belia-sukan-2024/. The closing date is Aug 27.
The successful applicants are required to organise the event/programme planned before Nov 30, 2024.
For more information regarding the KBS ESports Fund 2024, please send an email to hey@esportsintegrated.com.
Source: BERNAMA News Agency