£1m CoC marketing budget secure
A ONE-MILLION pound marketing budget allocated for Londonderry UK City of Culture 2013 will not be affected by any reduction in EU Media Advertising receipts drawdown for 2012/13, it’s emerged.
Sinn Féin MLA Maeve McLaughlin welcomed confirmation that the £1million NI Tourist Board (NITB) contribution to City of Culture marketing is secure.
Ms McLaughlin said: “In response to a question that I posed to the Department of Enterprise, Trade and Investment (DETI) in December I have been assured that the £1million earmarked to promote Derry as the City of Culture will not be affected by any reduction in EU Media Advertising receipts drawdown for 2012/13.
“The Department has confirmed that there will be no adverse effect on the original forecast when the Budget was set in 2010, and therefore will have no impact on the proposed £1m NITB marketing contribution to the City of Culture in 2013.
“This EU funding is not lost to the NI Block and can be reallocated by DFP in the current financial year or in any year up to the end of the Competitiveness Programme in December 2015.
“NITB has been allocated £0.4m through the January monitoring exercise for marketing the City of Culture from January 2013 to March 2013 (last quarter of the 2012/13 financial year) along with £100k for visitor servicing for City of Culture.
“The remaining £0.6m marketing funding will be addressed in the 2013/14 financial year. This is welcome news and I will continue to monitor the marketing of the City of Culture to ensure that it receives the profile it deserves in all NITB advertising campaigns.”
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Londonderry
Friday 24 May 2013
Today
Sunny spells
Temperature: 5 C to 12 C
Wind Speed: 16 mph
Wind direction: North
Tomorrow
Sunny spells
Temperature: 8 C to 16 C
Wind Speed: 13 mph
Wind direction: South west
