KATS regatta turns 16 without depending on Govt. $$
Ensuring that the competition is executed with its usual high standards and comfort one of their longest serving patrons/sponsors NAGICO Insurances has dished out yet another fat cheque of $5K. A simple presentation was held yesterday July 15, 2014 at the KATS Headquarters at Nanny Cay, Tortola.
Giving a detailed account of the organisation’s progress over the years KATS Chairman Mr John R. Lewis said that the organization is 26 years old but has been hosting the regatta for the 16th year around and recognized NAGICO as one that must be credited for its longevity.
“The contributions that Nagico makes to our programme allows us to maintain all of our programmes and we have a sailing programme which gobbles a lot of our money… we have a slobber programme, a basic programme which allows children to learn all the basics of sea sails and a swim programme,” said Mr Lewis.
At the presentation ceremony NAGICO’s Managing Director Mr Shan Mohamed said that while this is the third year that they would have given the organization such a lump-sum of money the value of the company’s support adds up to much more.
“We are pleased that we are into our third annual sponsorship as a platinum sponsor,” said Mr Mohamed. “Given the current economic times it is difficult to decide where we get the best bang for your dollar, how do we make the best use of our resources and I am quite pleased to say that KATS more than qualifies and I can say with all certainty that this is money well spent and we will continue to support KATS.”
Mr Mohamed said that his company will continue to ensure that they continue with the programme as a platinum sponsor for years to come and in addition they will continue to lend human and other resources to assist KATS organization which adds up to much more dollar value.
The regatta this year will be hosting participants from Antigua, Trinidad and Tobago, Cayman Islands, Anguilla, St Croix, US Virgin Islands and the Virgin Islands.
Mr. Lewis said that KATS is one organization in the Virgin Islands that can boast of not being on the backs of Government for monies as he noted that despite sponsorship and resources is never enough the commercial public and private individuals must take more than a pat on the back for their part played in the success.
“First and foremost we are not dependant on the government for funding and one may ask why but like everything else if it is a community based programme then it is to be funded by the community and we do have other sponsors. We appeal to the entire commercial and public sector for our funding.”
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11 Responses to “KATS regatta turns 16 without depending on Govt. $$”
Now KATS, GOVERNMENT can not pay for every organizations that begs for help, what you think that the government have money sitting down waiting for a group that want to go college, swimming, sailing, track, baseball, or even basketball to put money in their hands and tell them run with it.............There are standards that must be follow. If you can find a private company with it, GOOD for you let them help you for s....ing people money with h... vehicle insurances.