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Five ways to fund creativity, Ccdi.org.za – Cape Craft Design Institute

Five ways to fund creativity, Ccdi.org.za – Cape Craft Design Institute

In a 2013 survey conducted by Creative Cape Town, just over 93% of the respondents indicated that there was inadequate information on business financing opportunities for creatives in Cape Town.

This article provides a complete guide to the five key funding sources:

Grants

Debt funding

Crowdsourcing

Sponsorship

Business incubation.

It is the hardest part of the creative hustle: finding money to move beyond survivalist mode. After the paint has dried up, the easel tucked away and the stage lights are switched off, many creatives face the dilemma of balancing the itch to create and the financial demands of breaking even.


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