Broadway receives Capital Kickstart grant
Broadway receives Capital Kickstart grant from Government’s £1.57 billion Culture Recovery Fund
Broadway, in the heart of Nottingham’s Creative Quarter, has been awarded a £144,000 Capital Kickstart grant as part of the Government’s £1.57 billion Culture Recovery Fund enabling the organisation to push forward with its programme of capital refurbishment despite the financial challenge caused by the Covid-19 crisis.
Broadway is one of 74 organisations receiving grants totalling £58.9 million today. The Capital Kickstart grants programme helps organisations cover costs added to capital projects such as building works, refurbishments, and large-scale equipment purchases by pandemic-related delays or fundraising shortfalls.
After investing £600K of their own resources on upgrading the cinema experience in summer 2019, Broadway received an award last year as part of Arts Council England’s National Lottery funded Small Capital programme in order to refurbish existing bars, foyer space and public amenities in the venue as well as improving the building’s environmental sustainability.
Work on this capital programme has continued during lockdown, with completion due shortly.
By providing emergency funding to help us meet the increased costs directly related to COVID-19, Capital Kickstart has been a lifeline to enable us to complete our planned capital improvements and ensure that our venue is not only ready for re-opening but our organisation continues to be sustainable.Steve Mapp, CEO, Broadway
Today DCMS also announces that £165 million from the Culture Recovery Fund has been offered in repayable loans to help 11 major cultural organisations survive the loss of income caused by the crisis. This follows previous rounds of the Culture Recovery Fund, including the Grants programme which distributed £428 million to over 2,000 cultural organisations across the country, and the £3.36 million Emergency Grassroots Music Venues Fund.
Culture Secretary, Oliver Dowden, said:
“This government promised it would be here for culture and today’s announcement is proof we’ve kept our word.
“The £1 billion invested so far through the Culture Recovery Fund has protected tens of thousands of jobs at cultural organisations across the UK, with more support still to come through a second round of applications.
“Today we’re extending a huge helping hand to the crown jewels of UK culture - so that they can continue to inspire future generations all around the world.”
Sir Nicholas Serota, Chair of Arts Council England said “Today’s announcement is another vital step in securing the future of England’s cultural sector. Supporting capital projects will help to ensure that we maintain an innovative, sustainable cultural infrastructure that supports world class creative work, while the loans announced today will enable some of our largest and most prestigious cultural organisations to weather the effects of Covid-19 and reopen when it is safe to do so. The Arts Council is grateful to the Government for their support through the Culture Recovery Fund, and we are proud to support all the organisations receiving funding today.”