The Arts & Culture Impact Fund provides secured and unsecured loans between £150,000 and £1 million to UK arts, heritage, cultural and creative organisations with a clear social mission. The loans are currently repayable until May 2032.

The fund brings together a mix of public, private and philanthropic investors – Arts Council England, the National Lottery Heritage Fund, Better Society Capital, the Esmée Fairbairn Foundation, Freelands Foundation and Nesta. The fund builds on the Arts Impact Fund, a pilot initiative launched in 2015 to demonstrate how impact investment could transform the arts and cultural sector.

The Arts & Culture Impact Fund is part of Figurative – an independent not-for-profit specialising in impact, investment and innovation support for the cultural and creative sector. Launched in 2024, Figurative incorporates Arts & Culture Finance (formerly part of Nesta) and New Philanthropy for Arts & Culture.

By investing in the cultural and creative sector, we want to support more organisations to become enterprising and resilient and promote the wider positive impact art and creativity have on society.