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Loan scheme for creative entrepreneurs extended to applicants in Yorkshire and Humberside

  • Date: 5 September 2012
  • Area: North

Arts Council England's loan scheme for creative entrepreneurs is now open to applicants in the Yorkshire and Humber region. This follows a successful first phase in London when it was launched in May 2012. 

Read more to find out about:

Supporting the growth of businesses in the creative and cultural industries

Creative Industry Finance offers small to medium-sized businesses in any artform access to loans of between £5,000 and £25,000 and business development support.

The one-year pilot programme runs until 31 March 2013 and is aimed specifically at creative and cultural entrepreneurs who have been unable to obtain lending elsewhere. We hope to help entrepreneurs develop their skills, attract further investment and grow their businesses.

We are pleased to announce that the programme is now open to applicants based in Yorkshire and Humber, in addition to the 33 London Boroughs. We have partnered with the Key Fund to deliver the programme in Yorkshire and East London Small Business Centre in London. We are also working with the Crafts Council and UK Music to provide bespoke support for businesses in the crafts and music industries.

Cluny Macpherson, Regional Director, Arts Council England, said: 'Arts and cultural organisations are at the heart of the creative industries, providing a powerhouse of R&D to a sector that is invaluable to regional economies and national economic growth. Creative Industry Finance demonstrates the Arts Council's commitment to supporting these important small and medium sized businesses to develop and grow in a difficult climate.'

How to apply

Creative Industry Finance is open to registered companies trading for a minimum of six months, including sole traders, social enterprises, partnership and not for profit organisations.

Find out more about eligibility by visiting our Creative Industry Finance funding pages

Applications must be made online via the Creative Industry Finance website.

Further information

Creative Industry Finance is one the Arts Council's many initiatives designed to help England's arts and cultural organisations become more sustainable, resilient and innovative, as set out in our 10-year vision.

Read about how we are supporting collaboration and partnerships in arts and culture.

Find out more about how we are helping to strengthen business models and management.