WHO: Currently, the pilot programme is open to creative industry enterprises based in the London area only (all 33 boroughs). We are happy to consider applications from sole traders (individual artists) as well as from limited companies, partnerships and not-for-profit/social enterprises.
WHAT: Creative Industry Finance is an Arts Council England initiative offering business development support and access to finance for creative industry enterprises. Whether you are an artist, writer, performer, designer, producer, promoter, publisher or innovator, if creative content is at the heart of your business we may be able to help. The programme provides practical advice and support for creative entrepreneurs wishing to develop and grow their business as a viable commercial enterprise.
PAYMENTS: Loans under this programme will be made available from a minimum of £5,000 up to a maximum of £25,000. Loans are repayable in monthly instalments over a period of one, two or three years, depending on the needs of the business.
CHARGES: Loans issued under this programme will carry interest charges of 10% APR. The total amount of interest that you pay will depend on the amount that you borrow and length of time over which you agree to repay it.
DETAILS: In order to be considered for support under this programme, you must be able to demonstrate that your business: is located in one of London’s 33 boroughs; has been trading for a minimum of six months; activity qualifies under one or more of the creative industry classifiers
Deadline: ongoing ** Deadline expired**
Organiser/employer: Arts Council England (ACE)
[ Added on 7 June 2012 ]
- Pays fee/prize/award
- Charge made to applicant
- UK - London