Running an event like Cowes Week is a big undertaking. hundreds of boats, thousands of participants and little details that have to taken care of to make it all work. The event provides a massive cash injection for the local economy as well as allowing infrastructure to be invested in for the benefit of the community.
Events like Cowes Week require buy-in from all stakeholders and it is great to see the Cowes Harbour Commission step up to provide support in a time when corporate backing is hard to come by.
The Cowes Harbour Commissioners have agreed to offer Cowes Week Limited (CWL) and Cowes Combined Clubs (CCC) increased support for Cowes Week this year as the event date approaches without a title sponsor in place.
Rather than hold its usual Cowes Week reception this year the CHC will provide direct support and funding into the long-term sustainability of Cowes Week. In addition, Cowes Harbour Master and Chief Executive of CHC, Capt. Stuart McIntosh reports that a number of measures have been agreed to in order to help CWL and CCC deliver their plans for 2010.
This year, the Commission’s commercial operating services will sponsor the event by becoming an Official Cowes Week supplier and, in addition, will continue to provide free safety management for the Firework spectacular on Friday 7th August. There is also assistance being offered to CWL to manage their cash flow requirements in the transient period between the 2009 and 2010 event.
The Commissioners have agreed to this level of support being provided because of the importance of Cowes Week as the ‘lynch pin’ of visitor events in Cowes and its importance to both the local and harbour economy. However, it is also in recognition of grant funding from Skandia’s sponsorship towards recent harbour infrastructure projects e.g. Trinity Landing.