For further information please contact the London 2012 Press Office.
UK Sport’s World Class Events Programme distributes approximately £3.5 million of Lottery funding each year to support the bidding and staging costs of major events on home soil, as well as providing specialist support to organisers. Ahead of London 2012, events are supported primarily based on their likely performance impact, but consideration is given to the broader impacts of events: to maximise the wider sporting, social, cultural, economic and environmental benefits, as well as sporting performance and legacy.
Over 100 events, hosted by at least 35 different towns and cities, will have been supported from 2007 until the London 2012 Olympic and Paralympic Games. These competitions will have attracted around 30,000 athletes and provided opportunities for over 27,000 officials and volunteers to gain international sporting experience and develop key skills ahead of London 2012.
About Visa Europe
In Europe, there are 445 million Visa debit, credit and commercial cards. In the 12 months ending September 2011 those cards were used to make purchases and cash withdrawals to the value of €1.7 trillion. 14% of consumer spending at point of sale in Europe is with a Visa card, and almost 80% of that is on Visa debit cards.
Visa Europe is owned and operated by more than 3,700 European member banks and was incorporated in July 2004. Visa Europe is independent of global Visa Inc., with an exclusive, irrevocable and perpetual licence in Europe, while both companies operate to ensure global interoperability. As a dedicated European payment system Visa Europe is able to respond quickly to the specific market needs of European banks and their customers – cardholders and retailers – and to meet the European Commission’s objective to create a true internal market for payments.
Visa enjoys unsurpassed acceptance around the world. In addition, Visa/PLUS is one of the world’s largest global ATM networks, offering cash access in local currency in over 200 countries.
For more information, visit http://www.visaeurope.com
About Team 2012
Team 2012 presented by Visa is a fundraising programme designed to provide UK athletes with the tools and support to reach their full potential and win more medals at European Championships, World Championships – and of course at the London Olympic Games and Paralympic Games in 2012. It is a joint venture between the British Olympic Association, ParalympicsGB, UK Sport and LOCOG. Alongside the vital role played by The National Lottery and Exchequer funding, Team 2012 will help fund our athletes over the next two years. The vast majority of funds raised through Team 2012 will be distributed by UK Sport through its World Class Performance Programme which ensures that the UK’s most talented athletes have every chance of reaching their potential. Having run their programme since 1997, UK Sport has developed a highly successful ‘No Compromise’ approach, which ultimately means taking no short cuts in resourcing the best athletes to realise their medal ambitions. Funding is provided to athletes via their sport’s governing body, in support of a performance programme that includes coaching, training and competition support, medical and scientific services and equipment and access to the best facilities.
London 2012 Games partners:
The Worldwide Olympic Partners who support the London 2012 Olympic Games and the National Olympic Committees around the world are Coca-Cola, Acer, Atos, Dow, GE, McDonald’s, Omega, Panasonic, Procter and Gamble, Samsung and Visa.
LOCOG has seven domestic Tier One Partners – adidas, BMW, BP, British Airways, BT, EDF and Lloyds TSB. There are seven domestic Tier Two Supporters – Adecco, ArcelorMittal, Cadbury, Cisco, Deloitte, Thomas Cook and UPS. There are now twenty-eight domestic Tier Three Suppliers and Providers – Aggreko, Airwave, Atkins, Boston Consulting Group, CBS Outdoor, Crystal CG, Eurostar, Freshfields Bruckhaus Deringer LLP, G4S, GSK, Gymnova, Heathrow Airport, Heineken UK, Holiday Inn, John Lewis, McCann Worldgroup, Mondo, NATURE VALLEY, Next, Nielsen, Populous, Rapiscan Systems, Rio Tinto, Technogym, Thames Water, Ticketmaster, Trebor and Westfield.
There is one domestic Tier One Paralympic Games-only Partner, Sainsbury’s and one domestic Tier Three Paralympic Games-only Supplier, Otto Bock. The London 2012 Paralympic Games also acknowledges the support of the National Lottery.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/2/prweb9230616.htm