The Belfast Christmas Market first ran as a pilot project in 2004 with 34 traders, the vast majority from France, Germany and the Netherlands.

“When we started we were concerned about the lack of professional market traders within Northern Ireland,” Hartwell said.

“There weren’t a lot of markets operating with full-time traders, and not traders who could sustain a five-week market.”

A new contract was negotiated and a partnership with nearby St George’s Market established to ensure local businesses are represented.

Now around 50% of the 100 stalls in operation are owned by local traders, Mr Hartwell added.

This year, a cottage has been set aside in an excellent location for six young entrepreneurs to operate for free in the market.

Another initiative run by the Market Place, called the Jolly Big Business Boost, allows a local business to operate in the market at no cost.

The winner, Emma Goodman from Lurgan in County Armagh, said she was shocked when she received the good news.