Almost £1million has been pledged to a Legacy Fund to build on Derry’s year as City of Culture.
Both Derry City Council and the Arts Council of Northern Ireland will give £450,000 to the fund that is designed to ensure continued investment in the arts in the city.
Derry’ Mayor Martin Reilly said the fund would allow the city’s transition to continue.
“Derry City Council’s legacy promises are about providing cultural sustainability and encouraging communities and visitors to continue their connections with culture and the city. We are a proud and ambitious city with many talented and creative people.
“The city has made amazing progress during 2013 in how we look and feel and we want to continue with this transformation. Today’s announcements will build upon this strong foundation to capture the opportunity for cultural, economic and community growth.”
The local authority has also revealed its plans to undertake a number of specialist studies aimed at growing the creative industries in the city.
A visual arts strategy is also to be established by Derry City Council, in partnership with the Arts Council.
It is will also be working with local designers, International designer Wayne Hemingway and partners within the City of London on new fashion events for November.
A new website - First Break - will also launch in January 2014 aimed at matching musicians with venues across the north west.
Bob Collins, chair of the Arts Council, said the £450,000 funding will “continue to help regenerate the city, particularly in the most deprived communities”.
The city will also host a public launch event on January 17 to welcome in 2014 and to say ‘thank you’ to everyone who participated in the 2013 City of Culture celebrations.
This event includes a Global Rainbow across the city created by international artist Yvette Mattern as well as live musical performances from Little Bear and the Clameens on the Guildhall stage. A further guest appearance will be announced in the New Year.