In accordance with the procedure for awarding cash prizes for outstanding achievements in sport and the amount of cash prizes, prizes are awarded for achievements in official international live sports competitions included in the competition calendar of the relevant international sports federation, if recognized by the International Olympic Committee. . Such competitions include the Olympic Games.
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Prizes are awarded for the first six places won in the Olympic Games, the amount of cash prizes being calculated in proportion to the maximum amount of money for the first place. Consequently, Grigoryeva will be entitled to a cash prize of up to 18,441 euros.
Athlete coaches and service staff will receive a bonus of up to 9220 euros.
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At the same time, the regulations of the Cabinet of Ministers envisage allocating funding to the Latvian Sports Fighting Federation for the fifth place won by Grigorjeva for the development of the weightlifting sport and the training of young athletes up to 35,572 euros.
The Latvian Sports Fight Federation must submit applications for cash prizes to the Ministry of Education and Science. At the end of this year, these applications, together with applications from other federations, will be submitted to the Latvian National Sports Council for evaluation, and the council’s proposals for awarding cash prizes will be submitted to the Cabinet of Ministers for consideration. The exact amounts of cash prizes will be determined by the Cabinet of Ministers upon the recommendation of the Council.
Grigoryeva reportedly won fifth place in the weightlifting category up to 62 kilograms at the Tokyo Olympics on Wednesday. Grigorjeva is the only representative of Latvia in martial arts in Tokyo.
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