ACE launches new £93.7m fund

Arts Council England today announced a new development fund, replacing the lottery-fuelled Grant for the Arts Scheme and with £13m a year more.

The Arts Council National Lottery Project Grants will be worth £97.3m a year for the next four years, with £14m reserved for large projects worth at least £100,000. Museums, libraries, artists and arts organisations for individual projects will be able to apply from April, with details to be published on February 12.

The changes come after a consultation with the arts and culture sector, in accordance with ACE’s Great Art and Culture for Everyone strategy.

ACE’s Creative People and Places fund, targeting areas with traditionally low cultural engagement, is to get £37m over the next four years. A new large capital fund with £30m is to open 2020/21, with a small capital funding programme of £44m in 2018-2020. More development funds will be announced later this year, the first one being Developing You Creative Practice, £3.6m a year to encourage individual artists’ ambition for new work.

The new fund will sit alongside the National Portfolio, which has 830 organisations, the largest yet.

“We will support the arts and culture sector to be inventive and ambitious through our project grants and targeted development funds” said Sir Nicholas Serota, ACE’s chairman. “We’re doing more to support artists, who need time and resource to develop their practice and their work. Developing your Creative Practice is an exciting new programme which will enable us to directly invest in talented artists across the whole country.” 

 

 

 

 

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