Arts Council England has launched its Cultural Investment Fund (CDF).
Aiming to help improve cultural infrastructure across England, the Cultural Investment Fund is comprised of three capital funds. These are the: Cultural Development Fund (CDF), Museum Estate and Development Fund (MEND) and Libraries Improvement Fund (LIF).
The fund is being delivered in partnership with the Department for Digital, Culture, Media and Sport, Historic England and the National Lottery Heritage Fund.
The Cultural Development Fund will invest in creative, cultural and heritage initiatives that are based outside of London. The fund is designed to make places more attractive to live, work, and visit.
This launch follows the success of the first round of the Cultural Development Fund which launched in 2018.
With a budget of £18.5 million in 2021/22, the CDF recognises the power that culture can have on the economy, productivity, and social growth. According to Arts Council England, ‘successful projects will reflect the needs of each area, bringing together partners such as a local authority, a university or a Local Enterprise Partnership to deliver ambitious and innovative initiatives to enable real local transformation. ‘
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