£60m funding package to ‘turbocharge’ creative sectors

Hundreds of creative businesses across the UK are set to receive funding after the Government announced a £60m support package.

Culture Secretary Lisa Nandy said the money will support creative and cultural organisations to “turbocharge growth” by transforming local venues, creating jobs, supporting businesses and spreading opportunity.

 The funding package includes a £40m investment for start-up video game studios, British music and film exports and creative businesses outside of London.

The news has been welcomed in the West Midlands, which is establishing itself as a powerhouse for film, TV, theatre and gaming.

West Midlands mayor Richard Parker said: “The West Midlands is bursting with incredible talent in film, TV, theatre, gaming, and beyond. With this government backing, the BBC’s Tea Factory in Digbeth, and the film production hub with Steven Knight, we’re turning our region into a creative powerhouse. 

“This isn't just about entertainment, it will create jobs, attract fresh investment and continue to spark innovation.

“This will deliver real opportunities for local people and help to revitalise our communities.

“The West Midlands isn’t just part of the UK’s creative economy; I want it to be the beating heart.”

Lisa Nandy said: “From film and fashion to music and advertising, our creative industries are truly world-class and play a critical role in helping us deliver on this Government’s mission to drive economic growth in all parts of the UK.

“Our £60 million funding boost will support creative and cultural organisations across the UK to turbocharge growth by transforming local venues, creating jobs, supporting businesses and spreading opportunity across the country.

“But this is by no means the limit of our ambitions, which is why the creative industries are at the heart of the forthcoming Industrial Strategy and will continue to play a key part in this Government’s Plan for Change.”