Business for the Arts partners with the Government of Saskatchewan to introduce $1 million matching incentive program, artsVest

GOVERNMENT OF SASKATCHEWAN PROUD TO INVEST $500,000 IN ARTS AND CULTURE FUNDING OVER NEXT 2 YEARS

Business for the Arts Partners with the Government of Saskatchewan to Introduce a $1 Million Matching Incentive

Business for the Arts (BftA), Canada’s only national association of business leaders who support arts and culture, and the Government of Saskatchewan are excited to announce a new partnership that will see artsVest, Business for the Arts’ flagship matching grant program, operating across Saskatchewan over the next two years.

artsVest is a sponsorship training and matching incentive program that will be delivered in Saskatchewan with funding from the Government of Saskatchewan and Canadian Heritage, with support from SaskCulture, Inc. The program, which will build lasting partnerships between cultural organizations and businesses across Saskatchewan, will provide $300,000 for training and operational costs as well as $700,000 in matching incentive grants to help cultural organizations generate new private sector support.

“Business for the Arts is delighted to partner with the Government of Saskatchewan to support the growth and development of the province’s cultural sector,” Business for the Arts President and CEO Nichole Anderson said. “We have piloted the artsVest program now for five years in Ontario and have seen matching investments for cultural organizations more than double through private sector partnerships. We have also seen cultural organizations gain the skills they need to approach the business sector through our sponsorship training programs. It’s wonderful that we are now able to bring this opportunity to the cultural community in Saskatchewan.”

Business for the Arts estimates that approximately 120 culture organizations will form partnerships with an estimated 260 businesses over the next two years in Saskatchewan – stimulating over $1 million in private sector investment.

“Saskatchewan is home to hundreds of innovative and dedicated cultural organizations and a business sector which has shown incredible support for our vibrant culture scene through events such the Saskatchewan Pavilion at the Vancouver 2010 Olympic Winter Games and this spring at Prairie Scene in the nation’s capital,” Tourism, Parks, Culture and Sport Minister Bill Hutchinson said. “artsVest is the perfect next step in building on that strong partnership between culture and business to further grow prosperous and creative communities across Saskatchewan and expand culture’s impact on our economy.”
Since 2005, Business for the Arts has invested $785,000 in matching incentives in 16 municipalities across Ontario through artsVest, with funding from the Government of Ontario and the Ontario Trillium Foundation. To date, the program has generated a total of $1.4 million in private sector sponsorship of arts and culture and has sparked partnerships between 175 arts and culture organizations and 485 businesses, 300 of which had never before supported arts and culture.

With $1.6 million in funding from Canadian Heritage over the next two years, Business for the Arts has begun the national expansion of their artsVest program, and will now work with The Government of Saskatchewan, Ministry of Tourism, Parks, Culture and Sport and SaskCulture to bring these successes to cultural organizations and businesses of all sizes and disciplines from across the province.

Business for the Arts, founded in 1974, is Canada’s only national association dedicated to increasing the quantity and quality of partnerships between business and the arts through a cohesive set of programs that foster and promote business leadership in the arts, facilitate funding relationships and connect businesses to the arts as volunteers and ambassadors for the arts. For more information, visit www.businessforthearts.org.

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For more information, contact:

Jennifer Johnson
Tourism, Parks, Culture and Sport
Regina
Phone: 306-787-0619
Email: jennifer.johnson@gov.sk.ca

Nichole Anderson
Business for the Arts
Phone: 416-869-3016 ext. 224
Email: n_anderson@businessforthearts.org