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Budget and funding the programme

Cities try all sorts of ways to keep the budget within a certain limit, while at the same time funding for the programme takes on various forms of collaborations. As Ferdinand Richard pointed out, it all depends what kind of cultural concept is strived for. If it is to be supported solely by the local social and economic structure, then this concept has to be modest. If more money is obtained from the business sector, as was the case in Marseille 2013, then some visible outcomes have to be presented best done by constructing some 'iconic buildings'.

Of interest what took place in Kosice 2013 as reported:

"An interesting example comes from the Slovakian city of Košice, which was ECoC last year, along with the French region Marseille-Provence. A monitoring report for Košice 2013 cites “the good relations and cooperation with the steel company U.S. Steel Košice which will invest EUR 500,000 in supporting a Creative Factory that will be located in the Kasarne/Kulturpark premises. It is a non-commercial project aimed at attracting and inspiring children and young people to deepen their knowledge of science and technology. Exhibits will be produced and the installation coordinated by U.S. Steel Košice. Beside the steel company, Košice 2013 is currently also negotiating with Volkswagen Slovakia in order to obtain partnership and strong cooperation for its Creative Factory project.”

Source:

Newsroom Tourism (2014) „How much money does it take to be a European Capital of Culture“ October 28, 2014 http://business-review.eu/featured/how-much-money-does-it-take-to-be-a-european-capital-of-culture-72435

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