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A New Trend in Culture! Crowd Funding

A new culture of sponsorship is rising in Korea. Arirang (Korea’s Global TV), 25 July 2011, Korea


Republic Bank Ltd donated G $1.7M to the Culture Ministry to aid the development of steel pan music

A new program that will empower youths to learn steel pan will commence soon in four regions. National Communications Network, 23 July 2011, Guyana


Dutch Government to slash culture subsidies

Dutch artists are fearing a loss in cultural diversity as the government prepares to ax some 200 million euros in culture subsidies. Those feeling the pinch the most are in the performing arts in Amsterdam. Deutsche Welle, 20 July 2011


Pakistan's Government launches loan scheme for artists

Minister for Culture and Information, Mian Iftikhar Hussein has said that the KP government has launched a loan scheme for the local artists and artisans of the province to promote and preserve their art. Pakistan Observer, 17 July 2011, Pakistan


Abu Dhabi's Tourism Development Investment Company (TDIC) is seeking new funding

TDIC, tasked with bringing branches of the Louvre and Guggenheim museums to Abu Dhabi, will explore alternative funding options. Gulf Daily News, 09 July 2011


Crowd-funding for the arts?

"Kickstarter has been around online for just over two years, and various artists, filmmakers, musicians, writers and designers have used the site to raise more than $75 million for 10,626 'creative projects,'…”.The New York Times 08/07/11 


Philanthropy provides sweet charity for the arts

Private giving, rather than corporate sponsorship or government funding, is providing an increasing share of arts companies' financial base. Sydney Morning Herald, 06 July 2011, Australia


Singapore’s arts sector’s funding scheme restructured

The National Arts Council (NAC) is restructuring its funding scheme for the arts sector. The new model will be more robust, giving less developed arts genres a boost. The NAC also responded to calls by practitioners to be more transparent in the way grants are disbursed. Channel News Asia, 04 July 2011, Singapore


Culture, one of the key priorities for Europe’s future

The “we are more campaign” welcomes the European Commission’s EU 2014-2020 budget proposal but calls for a balanced support to all cultural actors. Culture Action Europe, 04 July 2011, Belgium


Nigeria’s film corporation seeks development fund for movie industry

The Nigeria Film Corporation has solicited the support of the Nigeria Export and Import (NEXIM) Bank in the establishment of a National Film Development Fund. Afrique avenir, 02 July 0211, Nigeria


Creative returns on investment: Funding the arts grows the bottom line

The province of Ontario, Canada, announced the Arts Investment Fund which provides another $27 million over three years to help arts organizations with fundraising, reaching new audiences and increasing their presence and interaction through social media. July 1, 2011, The Star, Toronto, Canada


Arts Council England announces details of £40 million fund to increase private giving to the arts

Catalyst Arts is part of the £80 million scheme to boost philanthropy to the arts announced last December by the Department for Culture, Media and Sport (DCMS) and Arts Council England. Arts Council England, 29 June 2011, England


Taiwan's music industry to make it big in China

Frank Liu, chief of Franklin Templeton Investments Taiwan, has set up a special cultural creativity fund for investments in Taiwan's pop music industry. Want China Times, 29 June 2011


The Mexican National Council for Culture and the Arts (CECA) is strengthening cultural and economic development by creating incentives for private funding for culture (in Spanish). Ventilator Cultural, 28 June  2011


Brazil’s Ex-President Lula calls for more investment in Culture (in Portuguese). Brasil Cultura, 16 June 2011


European Commissioner proposes guarantee fund for cultural and creative industries

Androulla Vassiliou wants to work with the European Investment Bank to provide guarantees to banks for loans to cultural and creative industries. Screen Daily, 16 June, 2011


The ‘Sheikh Mohammed Bin Rashid Al Maktoum Patrons of the Arts Awards’ honourees elevate Dubai’s art scene with diverse initiatives. Dubai Culture, 02 June 2011


Sebi, The Securities and Exchange Board of India, to set rules for art funds and antique investments. India Times, 22 April 2011


Russia Launches One of the World's Biggest Art Investment Funds. Art Info, 19 April 2011


Malaysia launched a Creative Industries Fund to export and showcase Malaysian creative content on cinema screens, television and other media. The Network, 22 March 2011, Malaysia