A £3.7 million fund providing small-scale repayable finance to socially-driven arts and cultural organisations. Part of Arts & Culture Finance by Nesta.
Cultural Impact Development Fund provides unsecured loans between £25,000 - £150,000 to arts and cultural organisations with a clear social mission.
The fund pioneers the use of financial incentives to drive the achievement of social impact targets in its investment portfolio.
The Fund is supported by Access – The Foundation for Social Investment through the Growth Fund programme, with finance being provided by its partners Big Lottery Fund and Big Society Capital.