Culture Secretary Oliver Dowden has announced that the final £300 million of the Government’s record-breaking £2 billion Culture Recovery Fund (CRF) will support organisations in need of urgent funding.
Applications are due to open for some parts of this funding shortly and it is hoped that thousands of arts, heritage, cultural and creative organisations will be supported to secure their future, building on the success of the fund so far.
The CRF has already provided more than £1.2 billion to more than 5,000 organisations in England, with further support going to Wales, Scotland and Northern Ireland, as well as to the UK’s national museums and galleries. The first round of the Culture Recovery Fund is estimated to have supported 75,000 jobs and it is estimated that the second round has supported 52,000 full time jobs and almost 100,000 freelancers.
The third and final round of funding will now provide further support as the cultural, heritage and creative sectors move towards reopening at full capacity, underlining the government’s commitment to help them build back better as life returns to normal.
The unprecedented funding package has already helped globally significant organisations including the Royal Shakespeare Company and the Royal Albert Hall as well as locally significant organisations including the Black Country Living Museum and Sage Gateshead.
Almost £220 million will be available for both new organisations who are at imminent risk of failure and existing recipients of CRF grants. Funding will be available to boost those who have received support already whilst ensuring more culturally significant organisations do not fail as a result of the pandemic, protecting theatres, museums, galleries, independent cinemas and organisations around the country for future generations and safeguarding hundreds of thousands of creative jobs in the supply chain.
The aim of the funding is to help organisations prepare to reopen and for a return to full capacity, while building a sustainable financial future by providing much needed financial support to protect organisations through to the end of the year.
Culture Secretary Oliver Dowden said:
Today’s funding announcement also includes a number of other critical investments to help protect the culture and heritage sectors.
The Heritage Stimulus Fund, which has already protected sites including The Tower of London as part of a £3 million grant to Historic Royal Palaces and Furness Abbey in Cumbria as part of a £2.9 million capital grant to English Heritage, will be boosted by £35 million, bringing the total fund to over £80 million. This funding has already enabled repair and maintenance works at more than 800 of the country’s treasured heritage assets and has protected the jobs of expert craftspeople working in the sector.
In the third round of funding it will support major programmes of work and repair grants for heritage at risk, keeping our nationally and internationally significant heritage assets in good condition and sustain the skilled workforce that looks after them.
The £20 million Cultural Asset Fund will support the National Heritage Memorial Fund’s (NHMF) COVID-19 Response Fund, creating a total of £40 million to save heritage assets at risk of loss, for the nation. The National Heritage Memorial Fund, founded in 1980, has already helped to save items including Henry VIII’s flagship Mary Rose and the Staffordshire Hoard and now, thanks to CRF support, will continue to protect our national heritage from the impact of the pandemic.
The additional £300 million for the Culture Recovery Fund was announced by the Chancellor at the Spring Budget as part of a wider £408 million package for arts and culture. This takes the government’s record breaking investment in the arts and cultural sectors to almost £2 billion since the start of the pandemic.
More than £1.2 billion of the Culture Recovery Fund has gone to over 5,000 individual organisations and sites, with 76% of organisations outside of London.