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Announcing Support from Canadian Heritage for artsvest 2022-2025

October 2, 2022

Business / Arts announces a $1.8 million investment from Canadian Heritage
to support the next phase of artsvest

This funding will facilitate new and returning artsvest programming across Canada from 2022 – 2025

 

Toronto, ON – September 9, 2022 – Business / Arts is thrilled to announce a continued investment of $1.8 million from Canadian Heritage’s Canada Cultural Investment Fund Strategic Initiatives component. This funding will support the next phase of artsvest, Business / Arts’ national mentorship and training program for small and medium arts, culture and heritage organizations across Canada. 

The next phase of artsvest will build on the work done in previous years to support growth in Canada’s cultural sector. In addition to expanding artsvest’s training curriculum to include priority topics such as organizational development, pandemic recovery, adaptive changemaking and equity, diversity and inclusion, artsvest training and mentorship will be made available nationwide for not-for-profit arts, culture and heritage organizations in Canada. Further details on program eligibility, intake and delivery will be released this fall. 

“We are thrilled to be able to offer artsvest training and mentorship on a truly national scale,” shares Aubrey Reeves, President and CEO of Business / Arts. “With Canadian Heritage’s continued support, we will be able to extend our reach and provide the training necessary to support the recovery and growth of hundreds of cultural organizations across Canada.”

“Our government is pleased to support phase V of the artsvest program, which will focus on rural, minority-language, BIPOC and equity-deserving communities. By providing small, under-resourced arts and cultural organizations with access to mentorship and training, artsvest will help increase their capacity and sustainability and will strengthen investment in the arts. This is a great example of what we can accomplish when arts and business connect and collaborate to promote our Canadian culture.” The Honourable Pablo Rodriguez, Minister of Canadian Heritage and Multiculturalism.

This investment, which will extend over a three-year period, marks a continuation of Canadian Heritage’s support for artsvest. Launched in 2005, artsvest has helped to stimulate corporate sponsorship and investment in arts, culture and heritage. artsvest provides small to mid-sized arts, culture and heritage organizations with resources, expertise and training in marketing, board governance and sponsorship along with matching incentive funds and peer-to-peer networking. To date, 5,966 representatives from 2,576 organizations have participated in artsvest and formed 5,864 partnerships with businesses, raising over $26.8M in new private sector investment. The overall impact is $37.2M to Canada’s cultural sector.

About Business / Arts

Business / Arts is a national charitable organization that shows the power in partnership between business and arts for the continued growth of Canada’s arts sector. Our national program, artsvest has generated an investment of $29.25M into Canada’s cultural sector, while our Canadian Arts Summit and Culture Track: Canada provides arts and business leaders across the country access to professional development, and research to make strategic investments for the future health of the sector. Our arts & business exchange and boardLink are focused on cultivating the next generation of arts supporters in the business sector, while our annual awards gala celebrates leading figures in the business and arts communities across Canada.

 


artsvest has been made possible in part by the Government of Canada

 

 

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