Arts Council England
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Culture Recovery Fund: More support for arts and culture

£58.8 million of capital investment was recently (11 December 2020) announced, supporting arts and heritage organisations across the country. The Department for Digital, Culture, Media and Sport (DCMS) has also announced £165 million in repayable finance offers. 

With these awards, the Culture Recovery Fund marks its £1 billion milestone, with £654 million being invested in arts and cultural organisations. There's also a further round of support on the way, as DCMS announces new funding rounds with a further £400 million available in grants and loans. 

Culture Secretary Oliver Dowden, recently said:

“This government promised it would be here for culture and today’s announcement is proof we’ve kept our word. The £1 billion invested so far through the Culture Recovery Fund has protected tens of thousands of jobs at cultural organisations across the UK, with more support still to come through a second round of applications. Today we’re extending a huge helping hand to the crown jewels of UK culture - so that they can continue to inspire future generations all around the world.” 

Click here for the full press release

 

Channel website: http://www.artscouncil.org.uk/

Original article link: https://www.artscouncil.org.uk/news/culture-recovery-fund-more-support-arts-and-culture

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