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  Funding  

Sadly, our own funding is drawing to a close – our last ever schemes are now open for applications on Hiive. But while it's an incredibly tough time for arts funding, there is support out there. We've pulled together a list of some of what's available to help you get your project off the ground. Good luck!

Crowdfunding

Crowdfunding has made a huge impact on arts funding – and we've now launched our very own commission-free platform, Accelerator. Drumming up support for your project is hard work, but it’s a great way of kick-starting your marketing campaign by making audiences feel part of your project from the word go. Take advantage of this handy side effect by being creative in how you engage micro-funders. Offer treats and bonuses that depend on the amount pledged.

On Accelerator, we charge no commission fees and also make a £500 pledge to up to two projects each month - find out more here

Before launching your own project, take a look at the following funding platforms for ideas:

 

For an insider’s view on crowdfunding, see our interview with Gregory Vincent, the founder of funding platform Sponsume.

The Big Give offers a similar model for charities. Their platform is based on the idea of crowdfunding but uses philanthropic donations to increase the value of your pledges.

For a comprehensive live of Crowdfunding sites, check out CrowdingIn.

If that isn’t enough to quench your thirst, research the following alternative funding models:

  • Many companies are bound by Corporate Social Responsibility (CSR). Take a look at company information webpages to see what activities are funded under this policy. Banks, for example, may be going through some trouble, but they still have responsibilities to direct some of their funds into the community.
  • Approach the Government or your local council to see what can be offered in your area.
  • Run a marathon or jump out of a plane – and see where sponsorship will take your project.
  • Look into philanthropic giving and see if there’s a local individual willing to support you.
  • Use your networks. Most arts organisations are committed to supporting emerging artists and a lot have programmes just for this. Ask around and see what’s there for you.
  • It’s often easier to persuade businesses to offer you freebies or services than cold, hard cash. If you’re putting on an event, try asking a brewery for ‘liquid sponsorship’, or offer to redecorate a community centre in exchange for free rehearsal space. An added bonus of this is that funders are more likely to take note of artists who take the initiative, so don’t be afraid to ask!

 

 

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