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Creative Europe : a new approach to European cultural and creative funding

Creative Europe : a new approach to European cultural and creative funding. Fabien Miclet European Music Office. The European Music Office. Brussels-based non-profit association working for the music sector at European level, 16 members in 11 countries (Ex: ICEC)

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Creative Europe : a new approach to European cultural and creative funding

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  1. Creative Europe : a new approach to European cultural and creative funding Fabien Miclet European Music Office

  2. The European Music Office Brussels-based non-profit association working for the music sector at European level, 16 members in 11 countries (Ex: ICEC) Key missions: foster circulation of European music artists and repertoires, information on music in EU policies, development of professional organisations in the European music sector. Secretariat of the European Platform on the Potential of Cultural and Creative Industries.

  3. Creative Europe: The European Commission’s proposal (11/2011) • New structure: Merging 3 existing Programmes (Culture, MEDIA, MEDIA Mundus) and creating new tools. • New objectives : Strengthening the competitiveness of the cultural and creative sectors ‘with a view to promoting smart, sustainable and inclusive growth’ (+linguistic and cultural diversity). • A larger proposed financial envelope : EC suggests budget of € 1.8 billion for 7 years (37% increase compared to 2007-2013 funding).

  4. Why this new Creative Europe Programme? • Role of the political context • EU 2020 strategy: smart, sustainable and inclusive growth • Budget negotiations: tough climate, focus on priorities • Choice to move focus from citizenship and intercultural dialogue to more ‘cost-efficient’ topics such as strengthening the competitiveness of the cultural and creative sectors. ‘Priority to results’. • ‘European added value’

  5. Why this new Creative Europe Programme? • New challenges identified by the European Commission • Fragmentation of the EU market for cultural works • Digital economy: necessity to adapt to new consumer practices • Financing gap for cultural and creative businesses and organisations • Lack of figures to clearly identify the problems • ‘Culture Programme’ not adapted to all sectors

  6. What are the main features of the Programme? • New architecture: an ‘umbrella’ Programme • 3 ‘Strands’ : Culture (30%)/ Media (55%) / New ‘Cross Sectoral’ Strand (15%) • Brings together MEDIA and Culture contact points • Simplification of calls and procedures

  7. What are the main features of the Programme? • Priorities in the legal basis: • ‘Promote the transnational circulation of cultural and creative works and operators and reach new audiences in Europe and Beyond’ • ‘Strengthen the financial capacity of CCS, in particular SMEs’ • ‘Support transnational policy cooperation in order to foster policy development, innovation, audience building and new business models’

  8. What are the main features of the Programme? • New tools and measures: • Cross-sectoral Strand • Financial guarantee for small operators • Data collection funding • Culture Strand • European ‘Platforms’ • Support to international touring • MEDIA Strand • Increased support to cross-border distribution of films, co-productions • Support to new business models and capacity-building

  9. The Cultural and Creative Sectors Guarantee facility • Objectives: • Creating a guarantee fund for banks in order for cultural and creative SMEs to have an easier access to credit, to take risks and innovate. • Providing capacity building (knowledge on CCIs) to the banks • Increasing the geographical spread of banks willing to work with cultural and creative SMEs • EC projection: € 200 m of guarantee could trigger more than € 1 billionworth of loans • Long term objective : a permanent change of mentality among banks towards cultural and creative industries

  10. The Cultural and Creative Sectors Guarantee facility • How will it work? • Managed by European Investment Fund (EIF) • A network of banks in all 27 countries working with the instrument • Banks will propose portfolios of guaranteed loans directly to operators willing to access credit (up to 1 million euros) • The fund would cover potential bank losses up to 70% per loan (max. 25% per portfolio) • The banks will receive training to understand the ‘risk profile’ of the sectors (intangible assets, market gaps) • Accessible to cultural and creative SMEs and not-for-profit organisations fulfilling the objectives of Creative Europe • Complementary to grants

  11. Next steps for the adoption of the Programme Proposed: + 37%, 1.8 billion Budget summit February 2013: transversal cuts ( +18 %?) 1st semester 2013: ‘Trilogue’ Objective: agreement before the end of the Irish presidency Calls: September/October 2013 Eligibility period: from 1st January 2014 onwards

  12. Example of potentially eligible project: E.A.R (European Artists on the Rise) Culture Strand: European ‘Platforms’ Network of concert venues in Europe (ex: Sala Apolo) Objectives: reward risk-taking, increase visibility and cross-border mobility of European music talents Europa Cinemas model: ‘bonus’ system, ‘label’ Long-lasting effects Panel at Primaverapro on 24/05

  13. Thank you Fabien.miclet@emo.org www.emo.org

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