About artsvest Prince Edward Island
artsvest PEI launched its second year in April 2018.
artsvest is Business / Arts’ national mentorship training program that works directly with small to mid-sized arts organizations, equipping them with training and resources to help build sustainable partnerships with businesses and increase capacity and investment in the arts. As an added incentive, artsvest participants can apply for matching funds to help double their sponsorship potential.
Launched in 2005, artsvest has operated in Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, Manitoba and Saskatchewan. To date, 1,833 organizations have participated in artsvest and formed 4,878 partnerships with businesses, raising $21.19M in new private sector investment. Combined with matching funds, the overall impact is $29.25M to Canada’s cultural sector.
Progress to date:
18 organizations across the province are currently enrolled.
$63,000 in matching incentive grants is available to selected participants province-wide who secure sponsorship from businesses throughout the 10-month program.
When combined with those sponsorship dollars, this translates to an investment impact of at least $120,000 into PEI’s cultural economy during the one year of the program.
For an overview of how the program works, click here.
To be notified of the next artsvest program cycle, email firstname.lastname@example.org.