Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Millennium Dome fails to hit fundraising target

  • Comment

The Greenwich Millennium Dome organiser is still £50 million short of its fundraising target, despite claiming to have 'smashed through previous sponsorship records'.

With less than 500 days to go, the New Millennium Experience Company has raised only £100 million of its £150 million goal and is aiming to tie up £120 million by October. However, a spokesman said sponsors were keeping quiet in preparation for media launches towards the end of September.

Greenwich locals will be among the first to see inside the finished dome in 1999. nmec is arranging three open days for locals to wander through, with the aim that the flow of visitors will help highlight bottlenecks or teething problems.

Eva Jiricna's Spirit Zone is being finalised with ideas for the pavilion, but nothing has yet been tied down, according to Jiricna's office. nmec confirmed it had still to find a sponsor for the zone.

The Millennium Commission, which is pumping £4000 million into projects around the country, gave the dome its biggest grant of £399 million.Yet many other landmark projects are still chasing private funding. One example is the Earth Centre in Doncaster, which secured £40 million for its first phase, including an exhibition centre by Feilden Clegg Architects. But the scheme still needs a further £60 million of private money and grants to complete further stages.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.