Business for the Arts stimulates a total $656K investment into Nova Scotia’s arts sector through artsVest!

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(Halifax, NS – January 26, 2018) Business for the Arts – with funding support from the Government of Canada and Arts Nova Scotia – invested $200,000 in grants to 84 arts organizations across Nova Scotia through their artsVest program. This initial investment inspired a further investment of $456,391 from the business sector using artsVest’s leveraging model, where small arts organizations are trained to build funding partnerships with  business and for every secured partnership raised throughout the program, they are granted matching funds.

The total impact across the province was of $656,391 between 2015 – 2017.

The financial investment in the arts sector represents a fraction of artsVest’s larger impact – the program also builds the capacity of arts administrators and organizations to build strong relationships with the business community through a robust training and mentorship curriculum. Consisting of free ongoing sponsorship training with expert coaches and mentors, arts organizations that participated in the program gain the resources and tools needed to approach the business community with strong partnership proposals.

Over the past two years, arts organizations in Nova Scotia participated in 989 hours of live hands-on support from a team of over 40 volunteer mentors from across Canada, including: Michelle Bussey (Nova Scotia Community College Foundation), Paula MacNeil (Cape Breton University) and Gay Hauser (Strategic Arts Management, Halifax), who provided arts administrators with much needed individualized support as they sought to grow their sponsorship programs. Organizations such as Atlantic Filmakers Cooperative (Halifax), Stan Rogers Festival (Guysborough), Ship’s Company Theatre (Parrsboro) and Savoy Theatre (Sydney), among numerous others, have cited the benefits of the powerful funding and training combo that artsVest provides.

“artsVest has provided focused, easily accessible training opportunities and resources to myself as Lunenburg Academy of Music Performance (LAMP)’s General Manager, and this year that training has been expanded to include other members of our organization. This is very important as personnel, whether staff or volunteers, are subject to change and it is critical such knowledge is shared and retained within an organization. The program has also assisted LAMP in establishing and broadening our contacts and peer networks with arts organizations in this region and indeed, across Canada. The generosity of program-assigned mentors, as well as other industry people whom we’ve met through training seminars, has been hugely valuable – immeasurably so. And all of this can only serve to make our collective industry stronger and more successful.” – Susan Corkum-Greek

“Arts organizations in Nova Scotia are doing incredible work, and our focus these past two years through our artsVest program has been to empower arts leaders to communicate their projects and opportunities for partnership in a way that will resonate with the business sector. The business community here has clearly responded! And with the help from the federal government and Arts Nova Scotia, we’ve collectively contributed $650,000 towards the arts over the course of just two years!” says Nichole Anderson, President and CEO of Business for the Arts.

“We are very happy with the results the artsVest program has achieved in Nova Scotia,” said Christopher Shore, Director of Arts Nova Scotia. “Through the artsVest program Arts Nova Scotia is committed to helping  arts and culture organizations to create new, meaningful relationships with the business community. Relationships that bring big benefits to all the partners.”

About artsVest

artsVest also operates in Alberta, British Columbia, Saskatchewan, Ontario, the City of Toronto, New Brunswick and Prince Edward Island. 1,181 participating artsVest organizations have formed 3,883 partnerships with businesses. These partnerships have generated $16.8M in new private sector investment from $6.6M in matching funds to date, and have resulted in an influx of $23.4M to the cultural sector. To read more on the artsVest program, please visit artsvest.com

For more information, please contact:
Claire Hefferon Payne
National Program Director, artsVest
416 869 3016 x 225
claire@businessforthearts.org