Australia’s arts and entertainment sector has received a major uplift today, with 66 leading organisations across the country set to share in $25 million, under the third batch of grants from the Australian Government’s $200 million Restart Investment to Sustain and Expand (RISE) Fund.
The Fund is a competitive opportunity, designed to provide arts businesses and organisations with project funding to assist in the cost of putting on activities such as festivals, concerts, tours, productions and events.
The latest funding will flow immediately and support more than 25,000 employment opportunities across the country, and will rejuvenate the arts and entertainment sector, following the widespread disruption to organisations during the pandemic.
More than $75 million was committed through the RISE Fund under the first two batches, creating over 64,000 job opportunities and expanding cultural and creative experiences for audiences across Australia.
On 25 March the Government announced the RISE Fund will be boosted with an extra $125 million to support around 230 projects and over 89,000 jobs, building on an original commitment of $75 million.