The Australian Government will inject an additional $135 million to support thousands of jobs in the arts and entertainment sector, as it continues to come back from the impacts of COVID-19.
The Restart Investment to sustain and Expand (RISE) fund will be boosted with an extra $125 million to support around 230 projects and up to 90,000 jobs and builds on an original commitment of $75 million.
RISE funding is provided to arts businesses and organisations as competitive project grants towards the cost of putting on activities such as festivals, concerts, tours, productions and events.
The Government is updating the RISE programs guidelines to make it easier for multiple businesses and organisations to access the program to put on a show, including pre-production support, as well as encourage projects from as low as $25,000.
The charity Support Act, will receive an additional $10 million in 2020-21, to assist with its vital work in providing crisis support to artists and other workers across the creative sector. This is in addition to the $10 million directed to Support Act by the Australian Government in April 2020.