More than $460,000 has been allocated to several major city events.

The funding has been given out by the Dunedin City Council's Events Assessment Sub-committee, which received 14 applications.

Eleven of those were granted, with ID Dunedin Fashion Week receiving the largest sum, taking away $95,000.

The aim of the fund is to encourage both major and small events to flourish in the city.

Other successful recipients include this month's Chocolate Carnival as well as the Otago Rally and Midwinter Carnival.