Cultural & Creative sectors Guarantee Facility

BEYOND THE NUMBERS

Impact report

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.

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“Historically, art has been largely reserved for a small elite. We want to change that and democratise art.”

ANDERS CEDERHOLM

ARTBOOST

Online art platform

Copenhagen, Denmark

MARKET STUDIES

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

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RISK ASSESSMENT ANALYSIS

Guide for financial intermediaries to help them assess loan applications in the CCS

E-LEARNING

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.”

VIRGINIE CIVRAIS

ST'ART

Belgium

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“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.”

JUDITA SOUKUPOVA

JUNIOR FEST

Film festival for children

Pilsen, Czech Republic

GO BACK TO KEY NUMBERS

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