
A best-of-5 format is in place at the semifinals, so winning three sets (or mini-matches) is enough to move on to the final. The format for each set consists of:
The winners move on to the final, which will be played to the best of 7 sets.
There will be no scheduled rest days. The semis will be played on August 9-13 and the final will take place on August 14-20.
Previous reports:
Commentary by GM Peter Leko, GM Yasser Seirawan and IM Tania Sachdev
Kiva is an international non-profit, founded in 2005 in San Francisco, with a mission to expand financial access to help underserved communities thrive.
According to their official site:
We do this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Through Kiva's work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care.
Henrique Saboia, VP of Growth at Kiva, commented:
Chess is one of those universal sports that our lenders and borrowers across the world enjoy. We’re eagerly anticipating the Tour Grand Final ourselves, and even more excited to see how chess fans the world over will support small businesses to overcome the impact of COVID-19. Good luck to all the competitors!