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Culture and Business Fund Scotland accepting applications
Created: 12/06/2017
News/Events Category: Funding and FinanceThis new fund is intended to encourage greater partnership working between business, arts and heritage by match funding private sector sponsorship of arts and heritage activities pound for pound.
The new Culture and Business Fund Scotland (CBFS) promotes collaboration between Scottish businesses and arts or heritage organisations to deliver new arts and heritage projects.
Arts and heritage applicants based in Scotland may apply as long as they are properly constituted/registered and hold a company bank account. Profit-making arts or heritage organisations must provide evidence that the project benefits the community.
Not-for-profit organisations based in Scotland which are non-arts or non-heritage related (particularly charities fundraising via arts or heritage activities) may apply as long as the sponsored and grant-funded activities being supported are arts or heritage related. Cultural trusts can also apply.
The match funding works as follows:
If an arts or heritage organisation attracts an eligible business to sponsor an aspect of their work then CBFS could match the value of the sponsorship pound for pound.
This match funding goes towards the arts or heritage organisation’s project.
The sponsor then receives a second programme of business benefits in recognition of the fact that their initial investment has enabled the CBFS funding which in turn enables a heightened cultural activity or a second cultural project.
The maximum grant is £40,000 and the minimum grant is £1,000.
Both in-kind and cash sponsorship are eligible.
The sponsorship must come from the sponsor’s own funds, goods or services.
If there is more than one business sponsoring the same arts or heritage activity, a separate application may be made for each business.
This fund defines:
Arts as animation, arts & health, combined arts, craft, dance, design, fashion, festivals, film & television, galleries, literature, music, street arts, theatre and visual arts.
Heritage as archaeology, archives & collections, community heritage, historic buildings & monuments, industrial, maritime & transport, intangible heritage, libraries and museums.
Applications can be made at any time. There are no deadlines or closing dates.To find out more or to apply click here.
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