£3.7 million fund providing small-scale repayable finance to socially-driven arts and cultural organisations in England.
Cultural Impact Development Fund provides unsecured loans between £25k and £150k to arts and cultural organisations with a clear social mission. The fund is supported by Access - The Foundation for Social Investment through the Growth Fund programme, with finance being provided by its partners Big Lottery Fund and Big Society Capital.
Cultural Impact Development Fund is run by Arts & Culture Finance, part of innovation foundation Nesta. Arts & Culture Finance provides specialist, affordable finance for arts, cultural and creative organisations in the UK. By investing in the cultural and creative sector, we want to support more organisations to become enterprising and resilient and promote the wider positive impact art and creativity have on society.