Arts Council, England has announced details of it’s new funding/investment strategy 2018-22

£409m per year core funding for National Portfolio
£97.3m per year for project grants
£72.2m per year Arts Council Development Funds

National Portfolio
830 organisations, museums and libraries invested using £341m grant-in-aid and £68m of National Lottery money. If divided equally amongst all NPO’s each would receive over £492,000 per annum.
National Portfolio Organisations will receive core funding to run programmes of work over the next 4 years.

Project Grants
These replace the current Grants for the Arts – for arts, museums and library based arts projects – open to both individuals & organisations from 5th March 2018, with Grants for the Arts closing 1st March 2018. In future, digital media projects will find funding more accessible than via the existing funding stream.
£14m reserved per year to support nationally significant & national touring projects over £100k which
NPO’s will also be eligible to apply for.
New guidelines will become available on Arts Council website mid-Feb.

New Arts Council Development Funds

£37m for further investment into the Creative People & Places programme
£30m into 1 round of large capital funding opening 2020/21
£11m per year into small capital funding projects from 2018/19
£3.6m per year for independent creative practitioners to apply for up to £10k professional development grants starting April 2018
Info on how to apply will be published mid-March.