Government recognises the important role that the creative industries play in driving local growth and creating new opportunities in places across the UK.
To support the UK’s world-leading cultural and creative businesses, the government and industry invested £150 million in the Creative Industries Sector Deal.
The Deal announced several proposals including a £20 million ‘Cultural Development Fund’ (CDF) for cities and towns in England to bid for creative and cultural investment. As part of the competitive grant application process, the following towns and cities were successful in their CDF application: Worcester, Wakefield, Thames Estuary, Plymouth and Grimsby. In addition, a £39m ‘Creative Industries Cluster Programme’ funding for nine R&D partnerships has been set up across the UK.
The Department for Digital, Culture, Media & Sport also funds Arms Length Bodies such as Arts Council England which invest in arts and culture on a regional basis.
According to Arts Council England, National Portfolio Organisations in Cornwall - many of which are defined as Creative Industries - will receive up to £10 million in funding between 2018-22. In addition, a further £5.96 million has been invested in Music Education Hubs and Grants for the Arts between 2013 and 2019