Date: 14th May 2018
The Sector Deal for the cultural and creative industries will help to unlock more than £150 million of investment opportunities across the entire sector. The Deal reinforces Regeneris evaluation evidence from Hull’s 2017 City of Culture which demonstrated the significant potential of the cultural and creative sectors to support growth in the UK economy.
The Deal includes funding for:
The Sector Deal has unlocked significant funding opportunities for LEPs, universities, towns and cities to access:
The additional funding for the cultural and creative industries is welcome. Regeneris is already supporting organisations across the UK, including local authorities, LEPs and universities to access funding. Our experience has shown there are several important considerations to successfully secure investment :
The Creative Industries Sector Deal provides an excellent opportunity to unlock growth for cultural and creative businesses, and contribute towards creating ‘good jobs, greater earning power for all and prosperous communities across the UK’. Organisations need to understand what their creative-based economy currently looks like, and what tools they have at their disposal to enhance growth locally.
Regeneris has extensive experience of working across the entire spectrum of cultural and creative industries. Our team frequently undertakes sector analysis, social and economic impacts and strategy work. To support the opportunities arising from the Creative Industries Sector Deal or for more information about our work please contact Stuart Wells or Stuart Merali-Younger.
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