Arts: Finance

(asked on 19th September 2023) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, which SMEs have received funding via the Create Growth Programme since its inception.


Answered by
John Whittingdale Portrait
John Whittingdale
This question was answered on 19th October 2023

The Create Growth Programme provides finance, business support and investor capacity building to turn creative businesses into high growth firms. So far, the finance strand of the programme has awarded more than £3m to over 100 businesses. The business support and investor capacity strands do not provide direct grant funding to businesses.

In the Creative Industries Sector Vision, we announced new funding of £10.9m to expand the programme to £28.4m, providing support to another six English regions, to make 12 in total. As part of this, we are working with our national delivery partner, Innovate UK, to deliver a further two grant-funding competitions over the next 18 months. These will benefit even more high-potential creative businesses.

An initial list of funded SMEs can be accessed from the "Innovate UK's funded projects since 2004" dataset (filtered for "DCMS Create Growth Programme"), accessible here. The remainder of funded SMEs will be added in due course.

Reticulating Splines