PARLIAMENTARY WRITTEN QUESTION
Arts: Tax Allowances (7 October 2024)

Question Asked

To ask the Secretary of State for Culture, Media and Sport, pursuant to the Answer of 7 October 2024 to Question 5439 on Arts: Tax Allowances, what grants are available to businesses in the creative industries; and what steps she is taking to help support businesses to access information about these grants.

Asked by:
Shivani Raja (Conservative)

Answer

The creative industries have access to a range of cross-economy business support mechanisms, as well as a number of industry-specific grants. Creative industry funding opportunities include the £30 million+ Creative Catalyst programme, designed to support business innovation and growth, the £100m BridgeAI programme, which accelerates AI adoption and productivity for sectors including the creative industries, and the Create Growth Programme (CGP) which offers grants to creative businesses in 12 English regions outside London alongside support to scale-up and become investment ready.

Other programmes that offer grant funding to creative businesses include the UK Games Fund, UK Global Screen Fund, and Music Export Growth Scheme. The UK Games Fund supports independent games studios across the UK with £13.4m for grant making and talent development programmes. £21 million has been committed for the UK Global Screen Fund to promote independent UK screen content in international markets (2022-2025). The Music Export Growth Scheme issues grants (worth £3.2m from 2022-2025) to support UK artists to break into new international markets.

The government engages closely with sectors, trade bodies and businesses, and makes all information on all grant schemes available online.


Answered by:
Chris Bryant (Labour)
15 October 2024

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