June 11, 2013 - 9:55 AM
The B.C. government is investing $300,000 over two years in
artsVest, a non-profit program helping small and mid-sized arts
organizations help themselves through effective private sector
fundraising, Community, Sport and Cultural Development Minister Coralee
Oakes said today.
Organized by Toronto-based Business for the Arts (BftA), Canada's only
national association of business leaders in support of the arts, artsVest
provides training workshops and incentive funds. Workshops teach
relationship-building and fundraising with the private sector. Incentive
funds match money raised by participating arts groups.
In 2012, BftA expanded artsVest across Canada, including a Vancouver
launch last June, supported by $150,000 from the B.C. government and
$200,000 from the Government of Canada. ArtsVest Vancouver proved very
successful, with 48 arts and culture organizations sharing $275,000 in
matching incentive grants.
This year, artsVest BC is expanding operations through workshops in
Campbell River (June 1), Cranbrook (June 9), Greater Victoria (June 11),
Kelowna (June 13) and Castlegar (June 22). Future workshops will also be
delivered for First Nations arts and cultural groups on Vancouver Island,
the Okanagan and in the Columbia Valley through the First Peoples'
Cultural Council, a First Nations-run B.C. Crown Corporation.
ArtsVest BC partners contribute to incentive funds and help cover program
costs. In addition to B.C. government support, the program is receiving:
* $500,000 from the Government of Canada over the next two fiscal years.
* $50,000 from the City of Kelowna.
* $50,000 from TELUS.
* $30,000 from the Columbia Basin Trust.
* $20,000 from the Capital Regional District.
Since starting in Ontario in 2002, artsVest has dispersed approximately
$1.7 million in grants to over 600 arts, cultural and heritage
organizations in Canada. Nearly 1,000 Canadian businesses have supported
the program. Currently, artsVest operates in British Columbia,
Saskatchewan, Ontario and Nova Scotia.
News from © InfoTel News Ltd, 2013