artsvest is Business / Arts’ national mentorship training program that works directly with small to mid-sized arts organizations (budgets less than $1.5 million), equipping them with training and resources to help build sustainable partnerships with businesses and increase capacity and investment in the arts. As an added incentive, artsvest participants can apply for matching funds to help double their sponsorship potential.
Launched in 2005, artsvest has operated in Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, Manitoba, Saskatchewan and Montréal. To date, 2,200 organizations have participated in artsvest and formed 5,150 partnerships with businesses, raising over $23M in new private sector investment. Combined with matching funds, the overall impact is $32.2M to Canada’s cultural sector.
Eligible organizations must attend a mandatory information session in order to learn about the program and its commitments, in order to be eligible to apply.