Arts and Culture Impact Fund

Arts & Culture Impact Fund

Building on the success of the Arts Impact Fund, this new fund is the most ambitious of its kind globally, with an investment pool of £20 million.

Why are we doing this?

The UK’s arts, cultural and heritage institutions are a global success story. These sectors provide creative opportunities, jobs and valuable income for our communities; they also have the power to transform people’s lives, engage marginalised individuals and drive social change.

Through five years of the Arts Impact Fund, we have found that social impact investment can help build resilient, innovative and sustainable creative organisations, and help organisations to grow and innovate faster.

Building on the success of the Arts Impact Fund and the Cultural Impact Development Fund, we want to support even more arts organisations with social aims to achieve sustainable growth and increase their impact.

What are we doing?

We have launched the new £20 million Arts & Culture Impact Fund, together with Big Society Capital, Arts Council England, the National Lottery Heritage Fund, Bank of America, managed by Nesta.
The new Arts &Culture Impact Fund is Nesta's biggest fund to date and the largest social impact investment fund for the arts, culture and heritage sectors.
The UK-wide fund will invest at least £20 million in organisations of all sizes in the arts, cultural and heritage sectors demonstrating a clear social impact, from arts and heritage organisations to  museums and libraries.
This fund aims to support arts, cultural and heritage organisations to become more enterprising and financially resilient. It will take a relationship-centred approach, structuring finance to meet the needs of individual organisations.
Socially driven arts and cultural organisations of all sizes across the UK are invited to apply for loans between £150k and £1 million, with a 10-year repayment period.
Alongside the investment capital, investees can also benefit from a tailored package of support from Nesta and their partners, including business insights and opportunities.
By focusing on both artistic and social outcomes, we want to promote the wider positive impact art has on society and support more organisations to benefit individuals and communities through their work.

Find out more and apply on the Arts & Culture Finance website.