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Canadian Companies Connect with the Games

May 9, 2008
VANOC sponsorship agreement with Teck Cominco, Official Mining and Metals provider for the 2010 Winter Games. (VANOC photo)
VANOC sponsorship agreement with Teck Cominco, Official Mining and Metals provider for the 2010 Winter Games. (VANOC photo)
One of the success stories on the road to the 2010 Winter Games is the tremendous support of Canadian companies. In fact, domestic sponsorship for the Games has surpassed the $700 million mark, achieving 90 per cent of the overall sponsorship target set by the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC).

“Canadian companies are showing incredible enthusiasm for the 2010 Winter Games,” said Dave Cobb, VANOC executive vice president of Revenue, Marketing and Communications. “They share our vision of hosting the best possible Games and they want to play a role.”

VANOC announced its first sponsorship agreement with Bell in November 2004. To date the Organizing Committee has officially announced 40 domestic sponsors and raised $715 million. Combine this with the $200 million in support garnered from the International Olympic Committee’s (IOC) worldwide partners, and VANOC’s total sponsorship commitment approaches the $1 billion mark — an unprecedented sum for Canadian sport sponsorship.

Connecting with the Games

VANOC sponsorship agreement with Workopolis, Official Supplier of Online Recruitment Services for the 2010 Winter Games. (VANOC photo)
VANOC sponsorship agreement with Workopolis, Official Supplier of Online Recruitment Services for the 2010 Winter Games. (VANOC photo)
Corporate funding through cash, products or services covers the bulk of VANOC’s operating costs. In return VANOC offers Vancouver 2010 sponsors a five-year opportunity to associate with both the Olympic and Paralympic Movements. Vancouver 2010 sponsors also receive a range of domestic rights and benefits relating to: the Vancouver 2010 Olympic and Paralympic Winter Games; the Canadian Olympic Committee; and the Canadian Olympic teams participating in Beijing 2008, Vancouver 2010 and London 2012.

Existing sponsor agreements have included:

  • Priority access to tickets and hospitality opportunities
  • Brand development and enhancement
  • Business-to-business networking
  • Developing employee incentive and motivational programs
  • Setting a new standard of excellence for employees
  • Unique Olympic and Paralympic-themed marketing activations
  • Networking with other world-class organizations supporting the Games
  • Ability to showcase products or services on a global stage
  • Contributing to a patriotic, nation-building opportunity
  • Supporting Canada’s Olympic team and amateur athletes
Diverse sponsor categories

VANOC sponsorship agreement with The Aquilini Investment Group extending the partnership beyond the existing venue agreement for General Motors Place, ice hockey venue during the Vancouver 2010 Olympic Winter Games. (VANOC photo)
VANOC sponsorship agreement with The Aquilini Investment Group extending the partnership beyond the existing venue agreement for General Motors Place, ice hockey venue during the Vancouver 2010 Olympic Winter Games. (VANOC photo)
VANOC’s approach to acquiring sponsors has varied greatly from category to category. A collaborative approach to developing a partnership has proven to be most effective since the objectives of potential sponsors are so diverse.

“VANOC is creative in its approach with sponsors,” added Cobb. “Whether it’s telecommunications equipment, wine, beds or building supplies, we are looking for energetic partners who can fill our needs before, during and after the Games in 2010.”

A limited number of sponsorship opportunities are still available as VANOC expects to have the majority of sponsors and suppliers secured by the end of 2008. Companies interested in becoming a Vancouver 2010 sponsor or supplier can send VANOC an e-mail at sponsorship@vancouver2010.com.

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