[holding answer 1 March 2010]: The major projects and the UK-wide cultural festival of the Cultural Olympiad provide opportunities across the UK to celebrate the best of British culture. Facilitated by the London Organising Committee of the Olympic and Paralympic Games, projects are delivered and funded in partnership with a range of public and private partners for example the Olympic Lottery Distributor, national Arts Councils and the Legacy Trust UK.
Approximately £72 million has been invested in funding and facilitating the Cultural Olympiad's major projects (three of which have been launched already) and the UK wide cultural festival. In addition to this funding, nearly 150 self-funded cultural projects have already been awarded the London 2012 Inspire Mark.