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<br /> Creative industries –<br /> routes to finance<br /> A guide to sources of funding and investment<br /> for arts, cultural and creative organisations<br /> BUSINESS WITH CONFIDENCE icaew.com/creativeindustries<br /> Contributors<br /> This guide has drawn upon the insights and expertise<br /> of people at many organisations, including:<br /> Arts Council England | Arts Council of Northern Ireland |<br /> Arts Council of Wales | BDO | Beechcroft Associates |<br /> British Business Bank | British Film Institute |<br /> Business Growth Fund | Cantor Fitzgerald | CBI | Clydesdale Bank |<br /> Creative England | Creative Industries Federation |<br /> Creative Scotland | Creative United | Deloitte | Department for<br /> Business, Innovation & Skills | Department for Culture,<br /> Media & Sport | Dunedin | Edge Investments | EY |<br /> Funding London | Grant Thornton | ICAEW | Innovate UK |<br /> HM Treasury | Institute of <a title="Creative industries - routes to finance page 1" href="http://viewer.zmags.com/publication/596658e3?page=1"> Creative industries – routes to finance A guide </a> <a title="Creative industries - routes to finance page 2" href="http://viewer.zmags.com/publication/596658e3?page=2"> Contributors This guide has drawn upon the in</a> <a title="Creative industries - routes to finance page 3" href="http://viewer.zmags.com/publication/596658e3?page=3"> Contents Foreword </a> <a title="Creative industries - routes to finance page 4" href="http://viewer.zmags.com/publication/596658e3?page=4"> </a> <a title="Creative industries - routes to finance page 5" href="http://viewer.zmags.com/publication/596658e3?page=5"> Foreword The UK’s creative industries bring e</a> <a title="Creative industries - routes to finance page 6" href="http://viewer.zmags.com/publication/596658e3?page=6"> Britain’s creative success is based on a combinat</a> <a title="Creative industries - routes to finance page 7" href="http://viewer.zmags.com/publication/596658e3?page=7"> Executive summary • The creative industries</a> <a title="Creative industries - routes to finance page 8" href="http://viewer.zmags.com/publication/596658e3?page=8"> New opportunities for the creative industries Th</a> <a title="Creative industries - routes to finance page 9" href="http://viewer.zmags.com/publication/596658e3?page=9"> Access to public, private and philanthropic inves</a> <a title="Creative industries - routes to finance page 10" href="http://viewer.zmags.com/publication/596658e3?page=10"> + Five Creative routes indu</a> <a title="Creative industries - routes to finance page 11" href="http://viewer.zmags.com/publication/596658e3?page=11"> Antony Sher as Falstaff in Henry IV Part 2, 2014.</a> <a title="Creative industries - routes to finance page 12" href="http://viewer.zmags.com/publication/596658e3?page=12"> 1. Preparing for finance There are several steps</a> <a title="Creative industries - routes to finance page 13" href="http://viewer.zmags.com/publication/596658e3?page=13"> Funders will want reassurance that creative organ</a> <a title="Creative industries - routes to finance page 14" href="http://viewer.zmags.com/publication/596658e3?page=14"> 2. Professional advice ‘Well-qualified professio</a> <a title="Creative industries - routes to finance page 15" href="http://viewer.zmags.com/publication/596658e3?page=15"> The UK is particularly fortunate to have many ver</a> <a title="Creative industries - routes to finance page 16" href="http://viewer.zmags.com/publication/596658e3?page=16"> Portrait of sculptor Sir Francis Leggatt Chantrey</a> <a title="Creative industries - routes to finance page 17" href="http://viewer.zmags.com/publication/596658e3?page=17"> 3. Public investment The public funding context</a> <a title="Creative industries - routes to finance page 18" href="http://viewer.zmags.com/publication/596658e3?page=18"> Some major sources of public investment Arts Cou</a> <a title="Creative industries - routes to finance page 19" href="http://viewer.zmags.com/publication/596658e3?page=19"> Arts Council of Wales The Arts Council of Wales i</a> <a title="Creative industries - routes to finance page 20" href="http://viewer.zmags.com/publication/596658e3?page=20"> Arts Impact Fund The Arts Impact Fund is a £7m pi</a> <a title="Creative industries - routes to finance page 21" href="http://viewer.zmags.com/publication/596658e3?page=21"> The BFI’s Certification Unit is the first point o</a> <a title="Creative industries - routes to finance page 22" href="http://viewer.zmags.com/publication/596658e3?page=22"> 4. Philanthropic support and corporate partnershi</a> <a title="Creative industries - routes to finance page 23" href="http://viewer.zmags.com/publication/596658e3?page=23"> In more recent centuries, private patronage has a</a> <a title="Creative industries - routes to finance page 24" href="http://viewer.zmags.com/publication/596658e3?page=24"> Managing relationships The biggest creative insti</a> <a title="Creative industries - routes to finance page 25" href="http://viewer.zmags.com/publication/596658e3?page=25"> Find out more • gov.uk/topic/running-charity/set</a> <a title="Creative industries - routes to finance page 26" href="http://viewer.zmags.com/publication/596658e3?page=26"> Corporate partnerships There is still sizeable un</a> <a title="Creative industries - routes to finance page 27" href="http://viewer.zmags.com/publication/596658e3?page=27"> Social enterprise Social enterprises are organisa</a> <a title="Creative industries - routes to finance page 28" href="http://viewer.zmags.com/publication/596658e3?page=28"> Individual giving Charitable donations and gifts </a> <a title="Creative industries - routes to finance page 29" href="http://viewer.zmags.com/publication/596658e3?page=29"> Legacies Legacies – cash or gifts bequests made i</a> <a title="Creative industries - routes to finance page 30" href="http://viewer.zmags.com/publication/596658e3?page=30"> 5. Private capital More options for business f</a> <a title="Creative industries - routes to finance page 31" href="http://viewer.zmags.com/publication/596658e3?page=31"> ‘There are some great businesses in the creative </a> <a title="Creative industries - routes to finance page 32" href="http://viewer.zmags.com/publication/596658e3?page=32"> Equity finance The first shareholders in a private</a> <a title="Creative industries - routes to finance page 33" href="http://viewer.zmags.com/publication/596658e3?page=33"> Private capital: know your options ASSET-BASED F</a> <a title="Creative industries - routes to finance page 34" href="http://viewer.zmags.com/publication/596658e3?page=34"> ‘Creative organisations benefit greatly when chal</a> <a title="Creative industries - routes to finance page 35" href="http://viewer.zmags.com/publication/596658e3?page=35"> Equity crowdfunding can be very high-risk and spe</a> <a title="Creative industries - routes to finance page 36" href="http://viewer.zmags.com/publication/596658e3?page=36"> Stock markets Companies that are worth at least s</a> <a title="Creative industries - routes to finance page 37" href="http://viewer.zmags.com/publication/596658e3?page=37"> Television Animation Tax Relief Television Animat</a> <a title="Creative industries - routes to finance page 38" href="http://viewer.zmags.com/publication/596658e3?page=38"> Loans for early-stage businesses Start Up Loans i</a> <a title="Creative industries - routes to finance page 39" href="http://viewer.zmags.com/publication/596658e3?page=39"> Specialist finance for film and TV A number of bank</a> <a title="Creative industries - routes to finance page 40" href="http://viewer.zmags.com/publication/596658e3?page=40"> References 1. Department for Culture, Media &</a> <a title="Creative industries - routes to finance page 41" href="http://viewer.zmags.com/publication/596658e3?page=41"> Contributing individuals and organisations </a> <a title="Creative industries - routes to finance page 42" href="http://viewer.zmags.com/publication/596658e3?page=42"> The authors would like to thank the following int</a> <a title="Creative industries - routes to finance page 43" href="http://viewer.zmags.com/publication/596658e3?page=43"> Betsan Moses Marc Mullen Baroness Neville-Rolfe D</a> <a title="Creative industries - routes to finance page 44" href="http://viewer.zmags.com/publication/596658e3?page=44"> About the authors Shaun Beane</a> <a title="Creative industries - routes to finance page 45" href="http://viewer.zmags.com/publication/596658e3?page=45"> ‘Britain’s cultural dynamism is a big part of its</a> <a title="Creative industries - routes to finance page 46" href="http://viewer.zmags.com/publication/596658e3?page=46"> The Creative Industries Federation The Creative I</a>