Olympic athletes to get cash grants from new $100M fund created by IOC

The International Olympic Committee (IOC) has launched a new $100 million fund to provide cash grants to Olympic athletes, especially those from less affluent countries, to help with their training and competition expenses. This initiative extends beyond the existing grants program, aiming to ensure more athletes can prepare effectively for the Games. The move is significant as it underscores the IOC's commitment to promoting inclusivity and fairness in global sports, potentially leveling the playing field for athletes who might otherwise be hindered by financial constraints.