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New Year »
Sports Events » 2014 CWG Funding
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2014 Commonwealth Games Funding |
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The Big Lottery Fund declared the primary round of funding from its 2014 Communities programme. The programme is the first in Scotland to make funding offered for community groups and organizations to make a legacy from the 2014 Commonwealth Games up and down the country.
Through the programme the Big Lottery Fund expect to encourage more people to take part and volunteer through sport or physical activity as well as using sport as a way to bring together people from dissimilar generations. 2014 commonwealth game will host in Glasgow. Glasgow 2014 Limited, the Organizing Committee for the Commonwealth Games, has today announced that funding for the event will increase to £454 million.
The further funding will come from a combination of private and public money. The Scottish Government will provide an additional £39 million and a £20 million reserve fund, Glasgow City Council will contribute an extra £9 million and the Organizing Committee will raise an additional £13 million through its commercial activities. The Games to Glasgow will boost tourism, business, infrastructure and regenerate the city.
The Scottish Government is dedicated to showcasing the best that Scotland has to present by delivering an outstanding Commonwealth Games. This needed budgetary increase is challenging for the public purse but the funding enhance is good news for 2014 and will ensure an exciting, efficient and effective event.
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