News + Blog


The Royal Conservatory of Music Announces Former VP of Business for the Arts, Aida Aydinyan, as Incoming General Manager, Performing Arts

The Royal Conservatory of Music has officially announced Canadian-Armenian Aida Aydinyan as their incoming General Manager, Performing Arts. Ms. Aydinyan will be responsible for all aspects of the operations, including box office, production, facility rentals, front of house, food and beverages, and, in partnership with Mervon Mehta, will lead a team of about 150 full-time and part-time employees. Her portfolio will also include financial management, development, marketing the facilities, liaising with external patrons, and clients, as well as government relations for the Performing Arts. Said Mervon Mehta, Executive Director of Performing Arts: “I am thrilled to welcome Aida to The Royal Conservatory, especially as we prepare for the 10th anniversary of Koerner Hall next season. She brings a wealth of management experience to The Conservatory and, with her enthusiasm, is a tremendous addition to our team. We are eagerly anticipating the positive impact she is going to have here.”

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A $193,500 investment in Alberta’s arts sector grew 5 times to $1.25M thanks to Business for the Arts’ artsVest program

A $193,500 investment in Alberta’s arts sector grew 5 times to $1.25M thanks to Business for the Arts’ artsVest program

This unique funding model leverages federal and local government funding to trigger direct, private sector contributions to small and medium arts and cultural organizations

(Edmonton, AB – February 27, 2018) – Business for the Arts, a national organization that works to strengthen arts and culture in Canada by stimulating investment in the arts through matching incentives and sponsorship training for arts organization, worked with 39 arts organizations in Calgary and Edmonton to achieve five times their funding goal.

Starting with $193,500 in grants from the Government of Canada and the Government of Alberta, Business for the Arts leveraged its artsVest model to help these organizations secure $1.06M in additional investments from Alberta’s business sector.

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Celebrating the $1 million impact of Kelowna’s artsVest program

(Kelowna, BC – February 21, 2018) – Business for the Arts and the City of Kelowna announced at its wrap-up celebration on Tuesday evening that the participants of the artVest program have provided a boost of more than $1 million to the arts and culture community in Kelowna from 2014 to 2017.

artsVest is a sponsorship training and matching incentive program that assists small- and medium-sized arts and culture organizations in securing sponsorships from businesses in their communities. The program is delivered by Business for the Arts in communities across British Columbia with funding from Canadian Heritage, the Province of British Columbia and the City of Kelowna.

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

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.

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BFTA’s VP, Aida Aydinyan on Leadership and her Acceptance into the Banff Cultural Leadership Program

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I am beyond thrilled and grateful to be part of the first cohort of Banff Centre’s new Cultural Leadership program. This new program addresses an important sectoral issue of leadership development. It is wonderful to see a structured and strategic approach to the program as there is a huge disconnect between the reality of the sectoral need to develop local leaders for transition and the actual ability of the sector overall to address this need.

It is not a secret that in general, we allocate a small percentage of resources to leadership development or infrastructure support and instead focus the bulk of our resources on programs and services. For this exact reason, we shouldn’t be surprised at the idiosyncratic nature of how cultural leaders frequently come to take on leadership roles in our organizations.

The private sector views leadership as a source of competitive advantage, an asset, and is investing in its development accordingly. Whereas in our sector, it is not actively cultivated and mostly happens by accident, luck and/or personal persistence.

I consider it a privilege and a big responsibility to be part of the first year of the program. Our cohort is comprised of 18 cultural leaders who either currently have formal leadership roles or are being prepared to occupy such positions. To my delight, the overwhelming majority of the participants were women. Why is this important? Although women lead the majority of nonprofits, they more often head smaller organizations both in terms of staff and budget or are positioned in mid-management roles at large cultural institutions.

My seventeen brilliant and diverse colleagues came from Whitehorse, Vancouver, Edmonton, Calgary, Banff, Lethbridge, Regina, Winnipeg, Toronto, Hamilton, Fredericton and one international participant from Dundee, Scotland. The program was delivered with the help of local and international facilitators, who both inspired and challenged us for five days.

The first session that I attended in November focused on “leadership of self” – looking inward to articulate your personal leadership philosophy or belief system, then situating one’s self in interactions with others.

What is particularly notable about this program is that the logical sequence of the modules is designed like a “Russian Doll” – contextualizing leadership in the context of self, then in the context of the organization, communities, networks, systems, sector, etc.

The proposition here is that you must have a capacity to lead yourself before you can lead others, lead organizations, and lead externally in networks and communities.

As part of our coursework, we were instructed to write our personal leadership commitments. These are mine:

  • I promise to continue leading horizontally and laterally rather than vertically and hieratically, today and every day;
  • I promise to build on my strengths and strive to complement my weaknesses with strengths of others, today and every day;
  • I promise to continue having people at the core of what I do, today and every day;
  • I promise to continue supporting, awakening, nurturing and cherishing my colleagues’ leadership potential and building leaderful organizations, today and every day;
  • I promise to continue my journey in life as a mission, not as a career, today and always.

 

Business for the Arts (BFTA) stimulates a $2.4 million investment into Toronto’s arts sector

 

FOR IMMEDIATE RELEASE

 

Business for the Arts (BFTA) stimulates a $2.4 million investment into Toronto’s arts sector

 

BFTA’s national flagship program artsVest wraps up its two-year cycle in Toronto. Its unique funding model leverages federal and local government funding to trigger direct, private sector contributions to small arts and cultural organizations across the City of Toronto.

 

(Toronto, ON – November 23, 2017) artsVest – with funding support from the Government of Canada and the Toronto Arts Council – invested $660,000 in matching funds and sponsorship training to 179 arts organizations across the City of Toronto. This amount was used to raise a further $1.74M investment from the private sector using artsVest’s one-of-a-kind leveraging model, where small arts organizations are trained to secure corporate sponsorships on their own before they have access to the matching funds. The initial $660,000 investment inspired a further $1.74 million dollar investment from the private sector, raising a total of $2.64 million between 2015 – 2017. This leveraging model resulted in the government’s initial contribution to the sector is more than doubled.

 

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 through a robust training and mentorship curriculum. Over the two years, the program delivered 293 hours of live hands-on support to groups with little experience or training in sponsorship. A team of over 40 volunteer mentors from across Canada, including David Abel (Art of Time Ensemble) and Clayton Windatt (Aboriginal Curatorial Collective), provided arts administrators with much needed individualized support as they sought to grow their sponsorship programs. 179 arts organizations participated in the program; 131 organizations created over 267 partnerships with the private sector between 2015-2017. Organizations such as VIBE Arts, Imaginative, Roseneath Theatre, and Artbound, among numerous others, have cited the benefits of the powerful funding and training combo that artsVest provides.

 

“As a young organization new to developing and stewarding relationships with business groups, ArtsVest has been an invaluable resource in developing the capacity of our growing team,” says Alexis Kane Speer, Executive Director of The STEPS Initiative. “Drawing on the expertise of ArtsVest mentors and staff, we are proud to have established STEPS’ first multi-year sponsorship.

 

“Toronto Arts Council is pleased to partner with Business for the Arts on artsVest. By empowering small to mid-sized arts organizations and offering them additional tools and skills to build sustainable partnerships with businesses, artsVest is strengthening the sector as a whole. We love programs that offer this kind of impact.” – Claire Hopkinson, Director and CEO, Toronto Arts Council.

 

“Approaching businesses for sponsorship is no easy task, and we are incredibly proud of our Toronto participants for applying the artsVest training and empowering themselves to go out and secure their own sponsorships,” says Aida Aydinyan, Vice President of Business for the Arts.

 

About artsVest

artsVest also operates in Alberta, British Columbia, Saskatchewan, Ontario, Nova Scotia, 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 has resulted in an influx of $23.4M to the cultural sector. To read more about 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

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Business for the Arts’ artsVest program creates impact of $4.45M on Canada’s cultural economy

Business for the Arts – Canada’s only national charitable organization with a mandate to strengthen the arts and culture sectors nationally by building partnerships between the private and cultural sectors – has officially wrapped up its artsVest program for 2016 in British Columbia, Nova Scotia, Ontario, Saskatchewan and Toronto. With funding support from the Government of Canada, Toronto Arts Council, Ministry of Tourism, Culture and Sport, Ontario Trillium Foundation, B.C. Ministry of Culture (BC Arts Council), City of Kelowna, Saskatchewan Ministry of Culture, and Arts Nova Scotia, $1.16M in matching funds generated $3.29M in sponsorship dollars, for a total impact of $4.45M towards the arts in Canada – meaning every $1.00 invested saw a return of $2.84; more than doubling the impact of the artsVest program in Canada’s arts communities.

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Stream the 2017 Canadian Arts Summit Live!

We are just a few short days away from the 2017 Canadian Arts Summit, CultureNext, taking place May 12-14, 2017 at the Confederation Centre of the Arts in Charlottetown, PEI! We invite you to join us via live stream to hear our incredible roster of speakers!

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Business for the Arts launches artsVest training program to arts organizations in PEI, investing $206K to province’s cultural economy

Business for the Arts, Canada’s only national charitable organization with a mandate to strengthen the arts and culture sectors across Canada by building partnerships between the private and cultural sectors, announced today that its artsVest program expands coast to coast, launching province-wide in PEI. With funding support from the Government of Prince Edward Island and the Government of Canada, $206,000 will be invested into the province over the next two years.

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Business for the Arts wraps up its artsVest program, contributing $180,000 in funding and raising an additional $450,000 from the private sector to invest into Metro Vancouver’s cultural economy

Business for the Arts – Canada’s only national charitable organization with a mandate to strengthen the arts and culture sectors across Canada by building partnerships between the private and cultural sectors – has wrapped up its artsVest program in Metro Vancouver. With funding support from the Government of British Columbia and the Government of Canada, $180,000 in matching funds raised over $450,000 from the private sector, for a total impact of $630,000 towards the arts – meaning every $1.00 invested saw a return of $2.50; more than doubling the impact of the artsVest program in Metro Vancouver’s arts community.

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