Culture Recovery Fund

(asked on 9th November 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, when payments for all Culture Recovery Fund awards will be made.


Answered by
Caroline Dinenage Portrait
Caroline Dinenage
This question was answered on 12th November 2020

Over £500m of the Culture Recovery Fund has been allocated. This is across capital and recovery grants and is in addition to £188m allocated to the devolved administrations as part of the Barnett formula, and £100m for the national cultural institutions and English Heritage Trust.

Repayable finance awards are currently under negotiation, with outcomes expected to be announced in the coming weeks, and part of the £120m capital funding is still to be allocated.

Successful applicants need to formally accept their offer, provide the relevant delivery body with their bank details and request their payment (this includes meeting any payment conditions). Once that’s done and there are no issues, payments take 10-15 working days to process.

Reticulating Splines