Evaluation of the public investment fund CultuurInvest and analysis of the evolving financing landscape for culture in Flanders

In 2006 the Flemish government established the public investment fund CultuurInvest to support access to (risk) finance in the cultural and creative sectors in Flanders. In 2015 IDEA Consult made an external evaluation of the operations, performance and outcome of CultuurInvest in the period 2010-2014. Together with this evaluation, we also made an analysis of the current financing landscape for cultural and recent evolutions that bring new opportunities and challenges for cultural actors, such as crowdfunding or venture philanthropy. Based on the evaluation results and analysis, we formulated recommendations for the Flemish government to restructure the supporting landscape for cultural entrepreneurship and access to finance for cultural and creative actors in Flanders. The study resulted in the transformation of both CultuurInvest and Kunstenloket into new structures.

The study on the financing landscape for culture (in Dutch) can be consulted on the website of the Flemish government, Department CJM: https://cjsm.be/cultuur/onderzoek-en-publicaties/onderzoek-naar-de-mogelijkheden-van-aanvullende-financiering-voor-de