Canada Cultural Investment Fund – Overview
The Canada Cultural Investment Fund encourages private sector investment, partnership and sound business practices to help arts and heritage organizations be better rooted and recognized in their communities.
The Canada Cultural Investment Fund provides support through three components:
The Endowment Incentives component encourages arts organizations to build new revenue streams. Canadians are encouraged to support the arts by providing donations to an arts organization’s endowment fund. The government provides a funding incentive for these donations. To date, more than 200 artistic organizations have received matching funds.
Read more about who can apply for funding from the Endowment Incentives component of the Canada Cultural Investment Fund.
The Strategic Initiatives component provides financial assistance for projects involving multiple partners that will help arts and heritage organizations improve their business practices and diversify their revenues. By supporting collaborative projects, Strategic Initiatives encourages knowledge and resource sharing and strategic use of technologies that will strengthen the business operations of arts and heritage organizations, helping them make stronger contributions to Canadian society and the economy.
To date, more than 60 projects have been approved for an amount of close to $18 million.
Read more about who can apply for funding from the Strategic Initiatives component of the Canada Cultural Investment Fund.
Limited Support to Endangered Arts Organizations
The Limited Support to Endangered Arts Organizations component supports those rare instances where a professional arts organization faces the prospect of closure but there is a high degree of support for its continuation and a viable business/restructuring plan. Assistance through this component can enable an arts organization to restructure, so it can continue to contribute to the community it is serving.
Read more about who can apply for funding from the Limited Support to Endangered Arts Organizations component of the Canada Cultural Investment Fund.
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