240 likes | 366 Views
Advisory Committee on Arts Development. New Funding Scheme. Arts and Sport Development Fund. An injection of $1.5 billion into the arts portion of Arts and Sport Development Fund (ASDF) Annual investment returns of around $60M to provide sustainable resources for long-term arts development
E N D
Advisory Committee on Arts Development New FundingScheme
Arts and Sport Development Fund • An injection of $1.5 billion into the arts portion of Arts and Sport Development Fund (ASDF) • Annual investment returns of around $60M to provide sustainable resources for long-term arts development • $30M - Hong Kong Arts Development Council $30M – New Funding Scheme
Advisory Committee on Arts Development • Established in November 2010 • Advise the Government on matters pertaining to arts development in Hong Kong, covering performing arts, visual arts and other art forms • Other areas of work cover Arts Development Fund, arts education and funding for performing arts
New Funding Scheme • Initiative to establish a new funding scheme with matching grants elements to fill the gaps of existing public funding sources • Support the development of the performing arts, visual arts and other art forms except Cantonese opera (which is supported by Cantonese Opera Development Fund)
Visions of the Scheme • To cultivate a supportive culture for the arts in the community, garner public and corporate support and foster tripartite partnership among the government, arts groups and the private sector to promote arts and cultural development in Hong Kong • To nurture local budding artists, enlarge the pool of local arts talent and enhance the artistic milieu in the community by supporting promising small to medium arts groups with a strategic and long-term funding arrangement
Arts Capacity Development Fund (tentative) • 4 Major Objectives Contents Development ACDF Arts Education Audience Building Capacity Building
Contents Development Examples • Innovative and impactful new works/exhibitions/festivals • Brand building of established works/exhibitions/festivals • Serial /developmental programmes • Programmes/exhibitions for overseas marketing
Audience Building Examples • Building new audience base(in addition to schools and community) • Use of creative marketing by means of new media such as social networks on the Internet • Partnership with commercial corporations in marketing and publicity
Arts Education Examples • Development of teaching kits or information kits for parents for appreciation of major art forms or successful art works/exhibitions • Teachers’ training(e.g. art appreciation and criticism)
Capacity Building Examples • Professional advancement • Training of creative marketing personnel, professional producers, agents/impresarios for overseas marketing, fundraisers, technical staff, middle management • Artist-in-residence programme
Categories of Grants • Springboard Grants (for non-profit making arts groups) • More than a dollar-to-dollar match for income over a threshold for overall institutional development of an arts group for 2-4 years • Submission of comprehensive plans on • Programmes and activities • Manpower resources • Marketing and fundraising during supported period to achieve marked improvements over past capability and performance
Categories of Grants • Project Grants (for non-profit making activities) • Budget over $2M dollar-to-dollar matching grant • Budget below $2M matching/direct grants • Matching grants awarded on dollar-to-dollar basis • Priority for applications for matching grants • Projects may last more than one year
Eligibility of applicant • Individual arts practitioners* • Specially formed ensembles of professional arts practitioners* • Arts groups not receiving recurrent subvention • Arts management companies* (*for project grants to organize non-profit-making activities)
Application in 2011/12 Two rounds of application • 1st round – April to June Application June to July Processing August Announcement • 2nd round – Oct to Nov Application Nov to Dec Processing Jan (2012) Announcement
No Double Subsidy • Project grantees are not allowed to accept funding support from other public funding sources for the same projects but non-cash support is allowed (e.g. venue booking, publicity) • Springboard Grantees may have to opt out from other public funding sources which offer them cash support
Venue and Other Support • Grantees should not assume automatic support from other organizations such as LCSD for venue booking, publicity support, etc. • Contingency should be planned and indicated in the application
Income to be Matched All cash income generated from funded activities by CDF, including but not limited to: • commercial sponsorship • private donation (sponsorship and/or donation in kind can be accepted but not accounted for matching)
Disbursement of Funds • Disbursement by installments • Matching grants to be disbursed upon evidence of income obtained
Assessment Criteria • Assessment criteria • Artistic merit • Creativity and originality • Impact on arts sector and community • Technical feasibility • Financial viability • Track record and execution ability of applicants and participating arts practitioners
Expert Advisers • A pool of expert advisers, expandable on ad hoc basis for individual applications, to assist in assessing the artistic merit, creativity, originality and impact of the proposed projects and applicants
Assessment Mechanism &Grant Approval • ACAD Sub-committee on Capacity Development Fund to make overall assessment of applications • Sub-committee to recommend to ACAD the order of priority of grantees and conditions for disbursement, if applicable • ACAD will make proposal to the Government for funding approval and arrangement
Evaluation Mechanism • Project delivery reports and audited financial reports for all grantees • Performance to be measured against qualitative and quantitative indicators • Applicants are welcomed to propose additional performance indicators(both qualitative and quantitative) to enhance evaluation • Interim reports will be required for Springboard Grantees and Project Grantees for projects of longer timeframe and larger scale
Under Performance • Grantees must bear the consequences of under performance and may not receive the grant in full • “Break” clause may apply if projects cannot be completed or deliver as pledged