- Date: 31 July 2012
- Area: National
Today we are announcing five awards from round one of our Capital investment programme.
The following organisations will receive a total of £43,820,500 from the £114.6 million allocated for this round of the programme:
You can find out more about these projects in our Capital funding section. The remaining 21 organisations that were successful at stage one of the programme are continuing to develop their applications.
Our Capital investment programme will address the consolidation and improvement of existing buildings and equipment and is one of a number of measures we are putting in place to support organisations to become more sustainable and resilient businesses, including increasing their environmental performance.
There are three rounds of funding for large Capital grants (over £500,000) with a total of £214.6 million available. Applications to round two have now opened. A budget of £50 million is available in this round, and a further £50 million will be available in 2013/14.
The application deadline for stage one of round two is 17 September 2012. Visit our Capital funding pages to find out more and browse the application guidance.
A fund of £20 million will be available for a number of small Capital projects, for awards between £100,000 and £500,000, to help ensure that arts organisations have the right buildings and equipment to deliver work for the benefit of artists and audiences across the country.
This funding will be available in two rounds over two years, opening in late September 2012. Further information will be available soon.
We anticipate that a small number of awards at the upper end of the limit will be made. All eligible arts organisations can apply, however, priority will be given to Arts Council-funded National portfolio organisations, which currently own or operate arts buildings and can demonstrate that Capital investment will increase their resilience in the longer term.
Find out how we are encouraging environmental sustainability through our Capital funding.