01 Jun 2012
Creative Industry Finance programme launched by Arts Council England
BY Pete Hayman
Small- to medium-sized businesses working in London's cultural and creative industry can now apply for funding under a new loan scheme launched by Arts Council England (ACE).
The Creative Industry Finance scheme will offer loans of between £5,000 and £25,000, with East London Small Business Centre to operate the programme in the capital.
London is the first stage of the new ACE loan scheme, with a second area to be announced in due course. The programme aims to benefit artists, performers and other sector businesses.
ACE chief executive Alan Davey said: "Stage one of the programme will be in London, where the high concentration of cultural and creative enterprises will accelerate learning from the pilot."
Details: www.artscouncil.org.uk
Details: www.creativeindustryfinance.org.uk
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