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Arts Council England to give £44.5 million to sustain arts through recession
Howard Lake | 7 May 2009 | News
Arts Council England is to invest an extra £44.5 million in artists and arts organisations over the next two years to help them through the recession.
The funding is split into three strands. ‘Sustain’ is a new £40 million open application fund for arts organisations suffering as a result of the recession: applications should be turned round within six weeks. The Arts Council will make £500,000 available for the Town Centres Initiative to enable more artistic activities to take place in empty retail spaces. There will also be a £4 million increase in the Grants for the arts budget over the next two years.
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The new funding has been made available by the Arts Council “radically reducing” its Lottery cash balances over the next two years.
www.artscouncil.org.uk/actiononrecession
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.