Wakefield Council receives Capital Kickstart grant
Posted in Industry
Wakefield Council receives Capital Kickstart grant from Government’s £1.57 billion Culture Recovery Fund
Wakefield Council has been awarded a £1.2million Capital Kickstart grant as part of the Government’s £1.57billion Culture Recovery Fund enabling the organisation to push forward with the WX3 project despite the financial challenge caused by the Covid-19 crisis.
This £1.2million grant has been awarded on top of the existing £4.4million funding originally secured in January 2019, ensuring long-term sustainability of the project. Whilst work has been forging ahead with the WX3 project, the impact of Covid-19 throughout 2020 has caused significant pandemic-related delays, bringing with it additional unplanned costs. The Capital Kickstart grant will help Wakefield Council to cover these costs.
Sir Nicholas Serota, Chair of Arts Council England, said “Today’s announcement is another vital step in securing the future of England’s cultural sector.
“Supporting capital projects will help to ensure that we maintain an innovative, sustainable cultural infrastructure that supports world class creative work, while the loans announced today will enable some of our largest and most prestigious cultural organisations to weather the effects of Covid-19 and reopen when it is safe to do so.
“The Arts Council is grateful to the Government for their support through the Culture Recovery Fund, and we are proud to support all the organisations receiving funding today.”