What is the RISE Fund?
The Restart Investment to Sustain and Expand (RISE) Fund is a program to support sector organisations seeking to restart, re-imagine or create new activities. The program is intended to assist by providing funding for the presentation of new or re-shaped cultural and creative activities and events including festivals, concerts and tours.
The RISE Fund is part of the Australian Government’s Arts and Cultural Development Program that supports participation in, and access to, Australia’s arts and culture through developing and supporting cultural expression. The program was announced as part of the Creative Economy
Support Package and will open by 31 August 2020 and close to applications on 31 May 2021 at the latest, subject to allocation of funds.
The program is delivered as an open competitive grant opportunity. It will support the delivery and presentation of activities across all art forms to audiences across Australia. Projects that target audiences in outer metropolitan, regional and remote areas will also be taken into account, as well
as projects that involve tours and use local regional production, services and support acts.
The objectives of the RISE Fund are to:
- assist companies in the arts and entertainment sector to present new or re-imagined activities which have been disrupted by the COVID-19 restrictions
- deliver new activities, opportunities and structural adjustments that have been developed in response to the COVID-19 restrictions, including innovative ways to deliver content and productions
- provide increased employment opportunities in the arts and entertainment sector and allied industries
- generate increased economic activity in the arts and entertainment sector and allied industries
- help build the longer-term financial sustainability of cultural and creative companies, including increased revenue?earning capacity
- provide creative and cultural experiences to audiences across Australia
The RISE Fund is investing $75 million in 2020-21 as part of the Australian Government’s Arts and Cultural Development Program that supports participation in, and access to, Australia’s arts and culture through developing and supporting cultural expression.
Grants will range from $75,000 up to $2 million, depending on the scope of the grant activity and its complexity. Other smaller or larger grant amounts may be considered on a case-by-case basis, particularly for activities that target audiences in outer metropolitan, regional and remote areas.
Funding is available to support cultural and creative events or activities that, in the absence of this funding, would be substantially less likely to proceed (due to constrained availability of funding to the applicant as a consequence of COVID-19).
The program will fund high quality projects irrespective of scale in all art forms, including cross-art form projects, with the exception of film and television productions and interactive games. Film and television productions have access to alternative funding under the $50 million Temporary
Interruption Fund, $400 million Location Incentive extension and can also seek funding form Screen Australia, the Government’s primary agency for Australian screen activity. Eligible projects need to align clearly with the program objectives and assessment criteria.
Activities must demonstrate that there is a funding need, contribute to job creation, support Australian artists or performers (or their work), provide experiences to audiences, be of a nature that is likely to be popular with Australian audiences, and financial viability.
The following kinds of activities and events are eligible for funding:
- cultural and creative events or activities, including innovative ways to deliver performances, exhibitions, tours and online delivery
- cultural and creative programming and promotion
- purchasing or leasing essential equipment for events, such as sound or lighting equipment
- development of COVID-safe infrastructure and protocols
- community outreach activities such as workshops
- capacity-building activities that link to the objectives and outcomes of the program, supporting support an organisation to build long-term financial sustainability
Proposals should demonstrate that activities will provide benefits to Australian audiences, and the Australian cultural and creative industries, particularly in an environment where COVID-19 may limit the ability for audiences to go to live productions for an unknown period of time.
To be eligible your primary purpose must be the arts and entertainment5 and you must:
- have an Australian Business Number (ABN)
- be registered for the purposes of GST (if applicable)
- have an account with an Australian financial institution
- comply with all regulatory, industry and legal requirements in relation to copyright, licensing and employment
- be located in any part of Australia
- provide a co-contribution to the activity
and be one of the following entity types:
- incorporated organisations
- a local government owned entity
- a partnership
- a joint (consortia) application with a lead organisation
- a not-for-profit organisation
- an Aboriginal and/or Torres Strait Islander Corporation registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006
- a Sole Trader with employees
Applications close 31 May 2021.
Please note: The deadline for applications to be considered for the second batch of funding is 14 January 2021.