The future of a popular maritime festival has been secured after it secured “a significant financial sponsorship deal” with a north-east engineering firm.
The Scottish Traditional Boat Festival, held annually in Portsoy, brings in more than 16,000 people, generating more than £1million for the local economy.
And now, the event’s immediate future has been guaranteed, following the confirmation that ACE Winches, which has a background in the marine and offshore industry, has agreed to be its main sponsor.
Chief compliance officer at ACE Winches, Valerie Cheyne, said: “We have no hesitation in extending our support for the Scottish Traditional Boat Festival to becoming the main sponsor.
“We welcome the opportunity to work even closer with the STBF Team to help strengthen their efforts to further promote the Portsoy Boat Festival.
“Over the last two decades, our company has been very proactive in providing backing for many local community and youth projects, whether it is with materials, labour, management or financial aid.”
Keith Newton, the festival’s co-chairman welcomed the deal, saying: “I am delighted to welcome ACE Winches as the headline sponsor for the Festival.
“Their offer of sponsorship will help sustain the festival as an important part of the Scottish event calendar.
“ACE Winches is a local company with an international reputation and standing.
“Rooted in the north east, they have also developed a strong Norwegian presence, reflecting our developing links with Scandinavia.
“We are looking forward to a very positive and dynamic working relationship that will bring benefits to both the Festival and ACE Winches”.
The Scottish Traditional Boat Festival takes place on 25 and 26 June, bringing together heritage vessels and a wide range of crafts.
There will also be a food fayre with cookery demonstrations and traditional music.
The festival is now in its 23rd year and has seen a steadily growing number of international visitors.
Music events include the Gig at the Green and a folk open mic night.