Funding

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£400 million available through next Culture Recovery Fund round

Plans for allocating the remainder of the £1.57 billion Culture Recovery Fund have been announced  by DCMS.  The funding will help organisations look to the future.  £300 million in grants and £100 million in repayable finance will be made available to support organisations’ transition back to usual operating mode from April 2021. F urther details will be released in due course.


Aim

Aim has a web page to provide advice on support packages that are available to museums.  Click here to access it.


Arts Council England

National Lottery Project Grants are Back!

This is Arts Council England’s (ACE) fund open to all individual artists, community and cultural organisations to support arts, museums and libraries projects. And it’s all made possible thanks to funding from National Lottery players.

The portal is open for applications now, with a budget of £59.8 million available until April 2021.

ACE has made some improvements so the fund can be more responsive to the needs of smaller independent organisations and individual practitioners during Covid-19. These changes include:

  • For now, you no longer need 10% match funding. Finding match funding in these circumstances would be particularly challenging. So, if you don’t have the full 10% ACE usually expect, or any match funding at all, you’ll still be able to apply.
  • Museums can now apply to National Lottery Project Grants for Subject Specialist Network activity.
  • ACE will also accept applications from a wider range of applicants for any activity that benefits at least one Accredited museum, its collections and its visitors.

To find out more about project grants for museums take a look at the updated Museums information sheet.

Full information about the National Lottery Project Grants can be found here, including the Guidance to apply for projects under £15k, Guidance for projects over 15k and the new supplementary guidance.


Arts Fundraising and Philanthropy/ Cause4

Arts Fundraising and Philanthropy continue to offer a FREE hour of consultancy support every day on a first come first served basis to arts organisations that may need help in the coming weeks.  This power hour can be focused on a range of areas including income generation, fundraising strategy, or donor cultivation. Book here

Ticket Refund to Donation Guidance: Arts Fundraising & Philanthropy has worked with Arts Council England to release guidance for arts organisations that are encouraging ticket holders to change their booking to a donation. This covers your legal duties, GDPR, and messaging advice. Read the guidance here.


National Lottery Heritage Fund

New project funding and loans to support sector resilience.

The National Lottery Heritage Fund has resumed accepting small and medium project funding applications and launched an interest free loans pilot.  This National Lottery funding is part of its ongoing commitment to support the UK’s heritage sector respond to the impacts of coronavirus (COVID-19), to adapt and thrive again.

National Lottery Grants for Heritage
The reopening of project funding – for grants between £3,000 to £100,000 is the first phase of a two-stage resumption of the  National Lottery Grants for Heritage.

It represents a return to its core business, but it is not a return to business as usual.

The primary focus is on resilience and supporting heritage not-for-profit and public sector organisations and local authorities through the continuing COVID-19 crisis.

It is also accepting applications from organisations or partnerships with projects that are led by and/or which engage diverse groups.

The first decision meeting will take place in mid-January.

Decision makers will prioritise applications from those who have not received funding through the Heritage Emergency Fund or government recovery funds for heritage and culture.

Explore the application guidance to find out if this funding is suitable for you.

Heritage Recovery and Resilience Loans
The new interest free loans – available for sums between from £50,000 to £250,000 – are aimed at organisations looking to restart and develop their income generating potential.

Repayable finance not only maximises the NLHF  impact through recycling some of its income, but social investment and loans such as this helps the heritage sector to diversify income, strengthen business models and become more resilient.

NLHF has a budget of £1.2m for the loans pilot. Funds are offered on a 0% interest basis, with no arrangement fee, and a 12-month payment holiday. Recipients will then have up to five years to repay the loan.

Applicants must be:

  • not-for-profit organisations
  • current or previous recipients of National Lottery Heritage Fund or National Heritage Memorial Fund grants over £10,000
  • organisations with enterprising business models that don’t rely on just grants and donations

Find out more in the loans application guidance. The deadline for applications is 14 February 2021.

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