Creative Industry Finance scheme to launch

The Creative Industry Finance scheme, a new initiative offering financial and business support, is set to launch in September.

Jim Ottewill
  • By Jim Ottewill
  • 4 Sep 2014
  • min read
The Creative Industry Finance (CIF) scheme, a new initiative offering financial and business support, is set to launch in September.

Due for launch on 23 September by Creative United, an Arts Council backed organisation, businesses from the creative industries will be able to apply for loans up to £2,500 from a range of lending partners.

Creative enterprises will also be able to access up to twelve hours of free sector-specific business support.

Mary-Alice Stack, chief executive of Creative United, said: ‘Our mission is to build a sustainable and resilient creative economy in the UK and to make the arts accessible to all.

‘Creative industries are a hotbed of talent with ample opportunity for investment. Through the development of the CIF initiative we are proud to support the growth of this crucial sector of the UK economy.’

Applications will be available online to creative organisations that have been trading for at least eighteen months and are looking for loan finance to support their growth and development.

Visit the Creative United website to find out more about the initiative.