Cultural & Creative sectors Guarantee Facility
BEYOND THE NUMBERS
In parallel, beyond the risk-sharing mechanism, technical assistance work (capacity-building activity) is helping financial intermediaries improve their understanding of the cultural and creative sectors and develop the necessary in-house skills.
This allows them to better assess business models and risk and develop appropriate financial products.
Our technical assistance has taken many shapes and forms, offering customised support tailored to the needs of each specific financial intermediary and their realities on the ground.
Here’s what we’ve been doing.
“Historically, art has been largely reserved for a small elite. We want to change that and democratise art.”
Providing financial intermediaries with reliable data and analysis specific to their local markets and sub-sectors
GUIDE FOR CCS ENTREPRENEURS
Tips and advice on how to get financing
RISK ASSESSMENT ANALYSIS
Guide for financial intermediaries to help them assess loan applications in the CCS
Training offered to strengthen understanding of the CCS among staff of financial intermediaries
WORKSHOPS & EVENTS
Customised in-person training for staff of financial intermediaries & events to broaden outreach and bridge knowledge gap between entrepreneurs and financial intermediaries
MARKETING & AD-HOC SUPPORT
to help financial intermediaries in reaching out to entrepreneurs in the CCS
As a result, financial intermediaries are able to widen the scope of targeted sectors, increase financing volumes and identify new prospects – a win/win situation for the financial intermediaries and, most importantly, entrepreneurs in the cultural and creative sectors.
“I would highlight the work we did in the context of capacity building - a field analysis of the existing and desired sources of financing of the audiovisual and performing arts sectors. This gave rise to new financing products, grouped under the name "Production Pack", that have allowed us to expand our coverage of the sector and increase our financing volumes.”
“The best children’s films are those that help children see things differently, becoming more tolerant, more courageous, more objective about their problems, and inspire them to be more ambitious in life.”
Pilsen, Czech Republic