An Image of the Binary Waves exhibit, LAb[au], Lumiere London 2016.

A new approach to investment

Posted on 14 July 2016

Earlier this year we asked the arts and culture sector how we should invest our funding from 2018 onwards.

We listened, and today we're publishing a report of the consultation findings, and our response to it, which outlines the changes we'll make to our investment approach from 2018. They include;

  • Including museums and libraries in our investment portfolio for the first time
  • Lengthening National Portfolio funding agreements from 3 to 4 years
  • Introducing 3 bands in the National Portfolio
  • Introducing a new category of ‘Sector Support Organisations’ into the National Portfolio

Research agency ComRes led the consultation for us, capturing feedback from over 1,000 stakeholders in the sector.

Darren Henley, Chief Executive, Arts Council England, said: "These changes will help us build on the progress we’re making towards fulfilling our strategic goals. They will ensure the impact of our investment is far reaching; that we support a wider range of organisations and artists: and that we do more to develop talent,  encourage ambition and champion our national creativity.”

Read the report, our response and listen to the podcast discussing the changes

New and returning funds: open from today

We're also launching 3 new funds will focus on improving resilience and sustainability across the sector and access to art and culture for older people. Also opening are new rounds of our Capital: Large Grants and Cultural Destinations funding.

New Funds

Celebrating Age: Supporting organisations to become open, positive and welcoming places for older people. As well as taking arts and culture into places where older people will find it easier to engage.  

Business Support: Increasing knowledge and understanding of business support within the cultural creative sector. 

Building Resilience: Supporting up to four external organisations or consultancies who will work on different approaches to improve resilience and long term sustainability across the sector.  

Returning Funds

Capital: Large Grants: Investing in the right buildings and equipment for organisations to deliver their work and become more sustainable and innovative businesses. 

Cultural Destinations: Funding partnerships between arts and cultural organisations and the tourism sector to drive growth in the visitor economy.