The Cultural Olympiad is a four-year developing programme of cultural activity, comprising ceremonies (formerly tier one); major projects (formerly tier two); and Inspire Mark projects (formerly tier three).
Around 10 national major projects will take place across the country. Each major project is at a different stage of development. The London Organising Committee of the Olympic Games and Paralympics Games (LOCOG) are working with their partners to develop the detailed plan for each of these projects, which includes a consideration of costs and options for funding. So far, LOCOG seed funding together with a range of partners including DCMS NDPBs, cultural organisations, and the Legacy Trust, plan to spend at least £40 million.
Inspire Mark projects within the Cultural Olympiad will focus on local and regional cultural activity. The content, cost and funding for these projects is determined by the organisations choosing to take advantage of this opportunity. Already, 50 projects within the Cultural Olympiad have been awarded the Inspire Mark.