Arts Impact Fund invests a further £1.93 million

2 Nov 2016 03:50 PM

The Arts Impact Fund has announced a further £1.93 million investment in five arts and culture organisations in England, supporting them to become more enterprising and resilient.

More than £3 million of loan finance from the £7 million Arts Impact Fund has now been shared by eight organisations able to show social as well as artistic and financial return.

The organisations benefitting from the most recent investment are:

• Autograph Media - £150,000: to set up a new commercial image licensing business specialising in race and cultural diversity. Autograph Media is the trading subsidiary of the visual arts charity, Autograph ABP, based in Shoreditch.
• London School of Mosaics - £600,000: to fund a property refurbishment in Lewisham to create a venue for a new mosaic focused education programme.
• Live Theatre - £600,000: to launch a new commercial hospitality venture, making use of its capital assets to subsidise the work of the theatre in Newcastle.

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