Feb 11 • 18:38 UTC 🇧🇷 Brazil G1 (PT)

Piauí government increases investment in sports with Siespi and Athlete Grant announcement

The state government of Piauí, Brazil, announced increased investments in sports and culture, launching a new grant for athletes.

Governor Rafael Fonteles announced the 2026 edition of the State Incentive System for Sports in Piauí (Siespi) and the Athlete Grant on Wednesday, signaling a substantial increase in funding and resources aimed at supporting local athletes and parathletes. This initiative is part of the broader strategy to enhance investments in culture and sports within the region, which has seen annual growth in dedicated funds and the number of supported projects.

During the launch ceremony at the Palácio de Karnak, Governor Fonteles emphasized the significance of these investments, stating that they not only improve entertainment and boost local pride but also create job opportunities and stimulate the economy in Piauí. The announcement of over R$60 million in funding illustrates the commitment to fostering an environment where sports and cultural activities can thrive across all territories and communities in the state.

Furthermore, the governor's remarks reflect a holistic approach to community development by integrating cultural and athletic investments, which are perceived as essential elements in the long-term strategy for the state's growth. These efforts are geared towards ensuring that every individual has access to participate in cultural and sporting initiatives, contributing to collective well-being and economic progress in Piauí.

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