The Week in Light & Sound
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Financial Guidance - Guidance has been published on how arts organisations can apply for the government’s £270m repayable finance scheme. The repayable finance was announced as part of the government’s £1.57bn Culture Recovery Fund, which also includes £622m of grants.
Theatres can either apply for grants of up to £3m or for loans for larger amounts. With the repayable finance package, which is geared towards larger organisations, the government aims to "stabilise cultural organisations until they can return to sustainable operations". Applications will be "assessed against rigorous cultural and economic criteria" including efficiencies made to date and ongoing viability for the future.
Organisations will also be asked to demonstrate national or international sig
Theatres can either apply for grants of up to £3m or for loans for larger amounts. With the repayable finance package, which is geared towards larger organisations, the government aims to "stabilise cultural organisations until they can return to sustainable operations". Applications will be "assessed against rigorous cultural and economic criteria" including efficiencies made to date and ongoing viability for the future.
Organisations will also be asked to demonstrate national or international sig