Impact Investment
Our impact investment funds support cultural and creative organisations that benefit individuals, communities and society through their work.
Our impact investment funds support cultural and creative organisations that benefit individuals, communities and society through their work.
Impact investment is a form of repayable finance that places importance on social or environmental outcomes as well as financial returns. We specialise in social impact investing for the cultural and creative sector. Find out more about our available funds, and impact investment more broadly, below. Generally, our interest rates range from 3% to 9%. Eligibility criteria and terms of investment are available on each fund page.
Before launching as Figurative, we operated as Arts & Culture Finance, a former division of Nesta. We are now an independent organisation.
£150,000 – £1,000,000
An £18 million social impact investment fund for socially driven arts, culture and heritage organisations registered and operating in the UK. The Arts & Culture Impact Fund provides affordable repayable finance that can be used, among other things, to acquire new assets, improve built infrastructure, develop new ventures or scale up existing revenue streams. Currently accepting applications.
£25,000 – £150,000
The Cultural Impact Development Fund offered small-scale repayable finance to socially driven arts and cultural organisations working with the people and communities in greatest need. This fund is now closed.
£150,000 – £600,000
The Arts Impact Fund was the world’s first impact investment fund specifically for the arts and cultural sector. The Fund offered unsecured finance repayable over a period of three to five years. Between July 2015 and September 2019, we committed £8.8 million across 27 organisations. This fund is now closed.