Deadline 31st August 2021
A £3.7 million fund providing small-scale repayable finance to socially- driven arts, cultural and creative organisations
The Cultural Impact Development Fund offers repayable finance between £25,000 and £150,000 to arts, cultural and creative organisations that are committed to improving the quality of their impact practice and evaluation and could benefit from external support with this. The programme has been launched in partnership with the Growth Fund, delivered by Access – The Foundation for Social Investment, with finance being provided by its partners Big Lottery Fund and Big Society Capital.
Cultural Impact Development Fund will pioneer the use of financial incentives to drive the achievement of social impact targets in its investment portfolio, making it one of the few impact investment funds with a clear trade-off of financial return for the attainment of social outcomes.
For more information go to the NESTA website (opens in a new tab)