MS, Minister for Culture,
Skills and Social Partnership: I am pleased to announce
today that the Welsh Government is providing additional revenue
funding of £1m in 2024-25 to support organisational resilience
and protect jobs in the arts sector, through the Arts Council of
Wales. Together with the Welsh Government's revenue allocation of
£1.5m already announced on 5 September and the Arts Council of
Wales' investment of £1.1m National Lottery funding, a total
Resilience Fund of £3.6m will now be delivered to arts sector
organisations across Wales.
This funding represents a significant investment in the arts and
will provide vital support to arts organisations to improve
resilience amid ongoing challenges.
This funding not only demonstrates the Welsh Government's ongoing
commitment to the arts sectors in Wales but also the wider Welsh
economy, with the Arts Council of Wales' recently published
Economic Impact Report highlighting that every £1 invested in the
Arts Council of Wales' work produced £2.51 of economic
benefit.
The Arts Council of Wales will announce today how the total fund
will be allocated to support the arts sector. I am pleased that
60 arts organisations across Wales will be receiving support,
including support for the Welsh National Opera, Theatr Mwldan, No
Fit State Community Circus, Wyeside Arts Centre, Wrexham Sounds,
and Blackwood Miners' Institute.
The Welsh Government recognises the economic, social and cultural
benefits the arts sector brings to Wales and the pressures the
sector has been facing. I look forward to seeing the positive
impact this funding will deliver.
