A new generation of arts development calls for new conversations about how to engage stakeholders and cultivate resources to support artistic activity. It’s clear that as public investment dwindles relative to industry growth, the future success of arts enterprises will include seeking new creative partners in the private sector by building relationships based on shared values and mutual goals.
Exploring national and international models of partnership, collaboration, and investment across the arts and business sectors formed the basis of a day-long symposium held late last year in Toronto.
Creative Partnerships: Connecting Business and the Arts brought together 100 leaders from across the arts, business, and public sectors to consider how we can build new capacities within our respective industries through creative collaboration. Hosted jointly by the Metcalf Foundation, Business for the Arts, the ASO Learning Network, the Manulife Centre, and the Canada Council for the Arts, Creative Partnership brought into focus a host of examples and opportunities aimed at increasing private sector engagement in the arts.
One of the day’s early highlights was a report on the performance of Canada’s new and quickly expanding program artsVest™. A flagship initiative at Business for the Arts, artsVest aims to help broker new relationships between arts organizations and business sponsors. With invested funds from the federal government, as well as participating provincial and city partners, the national initiative provides matching grants, free sponsorship training workshops, as well as community building and networking events that catalyze cross-sector partnerships. Read the rest of this entry »