Top local athletes who prove that they have what it takes to make their mark among the world's best could receive stipends of around $90,000 a year.

This was revealed during a briefing the Singapore Sports Council (SSC) and the Singapore Sports Institute (SSI) conducted on Wednesday afternoon at Spex House, near the SSC headquarters in Kallang.

The five-figure sum is the median amount awarded to elite athletes who prove they have the potential to reach the Olympics or excel at their sport's world championships-level event.

Athletes on lower tiers of support will receive between $24,000 and $60,000 (median) a year in stipends.

It comes on top of support that will help athletes with training and competitions, coaching and equipment costs.

Both able-bodied and disabled athletes will come under the scheme.

Said SSC chief executive officer Lim Teck Yin: "Many people have a misperception that Vision 2030 has de-emphasised elite sport. (That is) nothing further from the truth."

Vision 2030, introduced in 2011, is aimed at promoting a strong sporting culture among Singaporeans.

"Elite sport, high-performance sport, is an integral part of Vision 2030. This is the highest level (of) attention that has ever been paid to the entire high-performance system," added Lim.