Baku, February 12, AZERTAC
The International Chess Federation (FIDE) has announced the continuation of its support to chess veterans in 2021.
According to FIDE, a number of grants will be awarded next month to distinguished players, coaches and organizers aged 65+. Anyone over this age, who has contributed to the development of chess and who is in an unstable financial situation, is eligible to submit an application.
The total amount to be distributed this year will largely depend on the donations received through the fundraising that they are holding alongside the first World Corporate Chess Championship, to be held on February 19-21.
In 2020, FIDE allocated to this program an initial amount of €35.000, which was later expanded with an additional €21.000. Combined, this amounted to a total of €56.000, a record since FIDE launched this program in 2012.