01/08/2012

Arts Council Awarded £43m Funding

The Arts Council England has announced five awards from round one of their capital investment programme.

Five organisations will receive a total of £43,820,500 from the £114.6 million allocated for this round.

Chichester Festival Theatre has been awarded £12 million, High House Production Park, Thurrock: £1 million, Royal Opera House: £10 million, National Theatre: £17.5 million and Southbank Centre (development grant): £3,320,500.

The remaining 21 organisations that were successful at stage one of the programme are continuing to develop their applications.

The programme will address the consolidation and improvement of existing buildings and equipment and is one of a number of measures they are putting in place to support organisations to become more sustainable and resilient businesses, including increasing their environmental performance.

There are three rounds of funding for large Capital grants (over £500,000) with a total of £214.6 million available. Applications to round two have now opened. A budget of £50 million is available in this round, and a further £50 million will be available in 2013/14.

The application deadline for stage one of round two is 17 September 2012.

A fund of £20 million will be available for a number of small Capital projects, for awards between £100,000 and £500,000, to help ensure that arts organisations have the right buildings and equipment to deliver work for the benefit of artists and audiences across the country.

This funding will be available in two rounds over two years, opening in late September 2012.

(GK)

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