Please spare a penny (£1) for the Cowes fireworks

The spectacular fireworks display at Cowes Week.

The cry was 'Please spare a penny for the Guy' well taking into account the credit crunch it seems a minimum of a pound is necessary to show your support for the Cowes Week Fireworks.

Cowes Week Limited is appealing to the local business community, sailors, and members of the public to show their support for the traditional Cowes Week fireworks display by making an online donation to a new fund that has been set up to help raise money for the event.

There has already been a significant contribution towards the cost of the extravaganza from a generous anonymous donor, and the 3,591 members of a new Facebook group, Save Cowes Week Fireworks, have pledged to contribute towards the display. However, there are still considerable funds to be raised.

'If you feel strongly about the Cowes Week fireworks, we ask you to play your part in ensuring that the display goes ahead by making a donation,' says Stuart Quarrie, CEO of Cowes Week Limited. 'We are extremely grateful for the support we have already received from the local business community, sailors, members of the public and of course from our anonymous donor, and we would like to take this opportunity to thank them publicly. However, there is still a way to go to ensure the show will go on.'

Since Cowes Week Limited asked the local business community to help fund the annual firework display earlier this year, there has been huge support from Isle of Wight businesses and from individuals. The money donated will go towards the cost of policing the event and the extensive infrastructure needed to ensure the safety of the display.

Anyone who wants to make a donation (the minimum endowment is £1.00) can do so through the official Cowes Week website.