We are incredibly proud to have our Creative Industry Finance programme marked out as an example of good practice by the European Expert Network on Culture’s recent report ‘Opportunities for Creative and Cultural Sectors (CCSs) to Access Finance in the EU’
In a report published at the end of 2014, our Creative Industry Finance programme has been selected as one of only 8 examples from across the EU of good practice for developing and enabling creative and cultural enterprises to access finance. Focussing on mapping generic and specific funding and finance mechanisms that could benefit cultural organisations and creative SMEs, 169 initiatives from 16 EU member states are identified within the report, including 23 from the UK. The European Expert Network on Culture was set up in 2010 as an initiative of the Directorate-General for Education and Culture of the European Commission (DG EAC), with the aim of contributing to the improvement of policy development in Europe. It provides advice and support to DG EAC in the analysis of cultural policies and their implications at national, regional and European levels. The EENC involves 17 independent experts and is coordinated by Interarts and Culture Action Europe.
The selection of Creative Industry Finance an example of good practice, further indicates our position as leaders in the development of a sustainable creative economy in this country. Rubbing shoulders with the likes of Belgium’s ‘Cultuurinvest‘, France’s ‘IFCIC‘ and Germany’s ‘VC Fonds Kreativwirtschaft Berlin‘ makes it clear that we’re on course to make a significant impact with Creative Industry Finance, transforming creative and cultural enterprises with expert business and commercial focussed advice and access to finance from a range of lending partners. You can read the full report here.