Having already provided urgent financial aid worth around £1.2billion to more than 5,000 organizations in England, the latest stage of the funding scheme now aims to safeguard the future of many more cultural institutions. .
The objective of this final cycle is the evolution of the sector towards reopening at full capacity, considered the best way to increase resilience, enable forward planning and protect jobs.
“Our record-breaking Culture Recovery Fund has already helped thousands of organizations across the country survive and protected hundreds of thousands of jobs,” says Dowden. “Now, as we look forward to full reopening, this funding shows our commitment to supporting culture and heritage throughout the pandemic.”
Almost £220 million will be made available directly through the Fund, whether organizations are new applicants at imminent risk of failure or existing recipients of Culture Recovery Fund grants.
❗️ #CultureRecoveryFund: Support for emergency resources
— Arts Council of England (@ace_national) June 25, 2021
Sir Nicholas Serota, chairman of Arts Council England, welcomed the news, calling the Cultural Recovery Fund a ‘lifeline for the sector’ which has already ‘saved hundreds of cultural organizations across the country from collapse “.
£35million will also be distributed through another round of the Heritage Stimulus Fund, with priority support for major schemes focused on repairing sites at risk. In addition, a £20m Cultural Assets Fund will support the National Heritage Memorial Fund’s COVID-19 Response Fund.
“Summer is such an important time for the heritage sector, as visitors discover the delights of our heritage attractions and generate income to fund essential repairs,” notes Duncan Wilson, Managing Director of Historic England.
“The pandemic has disrupted the normal rhythm of life at our historic places, so I am delighted that more funding has been made available to help them through this critical stage of recovery. It will allow vital repair and maintenance work to continue, while providing jobs for the skilled craftsmen who ensure the survival of our precious monuments.