The U.K. government has revealed how its planned £1.57 billion ($1.9 billion) Cultural Recovery Fund will be disbursed across arts sectors. Of the total amount, the government has currently release…
Of the total amount, the government has currently released £880 million , which has been split into two funding rounds. The first round of £622 million will be distributed immediately, while the remaining £258 million will be reserved for a second round of funding later in the financial year to meet the developing needs of organizations.England will oversee £500 million to support theaters, music and comedy venues and museums. This allocation includes £2.
Meanwhile, independent cinemas will be able to apply to the British Film Institute’s £30 million grant scheme. Of this, £3 million is for safety grants to enable cinemas — up to £10,000 per cinema — to put the necessary measures in place to ensure the safety of their workforce and the public.
The National Lottery Heritage Fund and Historic England will deliver a further £92 million worth of grants to protect heritage sites. As part of the Arts Recovery Fund, grants of up to £3 million will protect important cultural assets and ensure arts and heritage continues to play a key role in levelling up the country. A new independent Culture Recovery Board will be chaired by businessman Damon Buffini to help administer the program, advising on the largest grant as well deciding the beneficiaries of the £270 million repayable finance element of the £1.57 billion package.
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