Creative UK, in partnership with Triodos Bank, has launched the new £35m Creative Growth Finance II fund with the aim of promoting and enhancing the creative industry in the UK.
The fund was launched to realise the Creative Industries Sector Vision, the plan launched by the UK government that emphasises the importance and growth of the UK creative sector and aims to increase its value to £50 billion by 2030 while generating one million jobs.
The Creative Growth Finance Fund II is aimed at UK industries that can ensure the development of new talent and technology. These will have access to loans of between £100,000 and £1,000,000.
The first Creative Growth Finance Fund was launched in 2019 and generated an investment of over £17 million involving more than 30 UK-flagged companies.
Creative UK is an organisation formed in 2021 through the merger of Creative England and Creative Industries Federation. It aims to promote the development of the UK’s video games, audiovisual and digital media industries. Triodos Bank was founded in 1968 and today is active in 5 european country.
For more information please refer to the Creative UK website.
📷 Hailey Wagner/ Unsplash
