Arts & Culture Impact Fund

R Hollis

Arts & Culture Impact Fund

Posted in Funding

Arts & Culture Impact Fund

 

Key Information

Investment window: 2020 to 2023

Funding available: £150,000 – £1,000,000

Loan type: Secured and unsecured

Repayment period: Until May 2030

Interest rates: 3% – 8.5%

Fees: 1% completion fee
2% per annum, pro rata holding fee (when funds are held longer than 3 months)
No early repayment fee

Geographic area covered: UK

Background and History

The Arts & Culture Impact Fund brings together a mix of public, private and philanthropic investors – Arts Council Englandthe National Lottery Heritage FundBig Society CapitalBank of Americathe Esmée Fairbairn Foundation, the Freelands Foundation and Nesta. The fund is the world’s biggest impact investment fund for the creative arts.

The fund builds on the success of the Arts Impact Fund, a pilot initiative launched in 2015 to demonstrate how impact investment could transform the arts and cultural sector.

The Arts & Culture Impact Fund sets out to achieve several objectives for the arts, cultural and heritage sectors:

  • Provide organisations with appropriate and bespoke repayable finance
  • Develop the financial resilience of borrowers
  • Support organisations to better monitor, evaluate and communicate their social impact
  • Attract additional investment into the sector to help organisations thrive
  • Promote the wider positive impact the arts, culture and heritage have on society and support more organisations to benefit individuals and communities through their work.

Funding

The Arts & Culture Impact Fund offers secured and unsecured finance between £150,000 and £1,000,000 with repayment term available until May 2030 and interest rates ranging between 3% and 8.5%.

 

 

To read eligibility criteria click here

For fund related enquiries contact rachel.green@nesta.org.uk.

 

To view more funding opportunities click here

You might also be interested in

Creative UK

Creative Enterprise: New Ideas Fund is now open

Do you work in moving image for storytelling? Do you have a new idea?
Youth Music

Youth Music Incubator Fund

Grants to help businesses and organisations create sustainable, meaningful career opportunities for young people aged 18-25.
MVT Music Venue Trust Logo

Pipeline Investment Fund

Applications now open for small-scale grant applications from UK-based grassroots music venue.
Help Take West Yorkshire to the Next Level

Energy Price Crisis Emergency Grants Programme

West Yorkshire Combined Authority are offering a £1 million fund which will help businesses towards their energy bills.
The Create Equity Fund (CEF)

The Create Equity Fund (CEF)

Create Equity is launching an investment fund for ethnically diverse and female founders in the creative industries, media, and sport.
Financial Resilience

Financial Resilience

Financial Resilience Improved financial resilience represents one of the Arts & Culture Finance team’s key outcomes for its investees. Financially
Philip Bates Grant

Philip Bates Grant

The Philip Bates trust is seeking applicants for this years grant scheme.
Loading...