The latest draft of Arts Council England’s new 10 year strategy – in nine tweets

1️⃣ Much has been said about “relevance” being the new litmus test for funding. In fact there are three sets of “Investment Principles” – it’s important to note the word investment there…

— ACEnterprises (@ACEnterprises) June 25, 2019

Arts Council funding is investment, not subsidy (you can hear @HENLEYDARREN talk about that here https://t.co/4XniyKsutS)

So the three principles are “Ambition & Quality”, “Inclusivity & Relevance” and “Dynamism & Environmental Sustainability”

— ACEnterprises (@ACEnterprises) June 25, 2019

2️⃣ Cultural Enterprises May be familiar with the current strategy’s Goal 3 – Resilience. This now is mainly part of “Dynamism”.

Dynamic organisations can “operate effectively in shifting environments”. Dynamism encompasses leadership, skills, data, wellbeing and…

— ACEnterprises (@ACEnterprises) June 25, 2019

⭐️ “Successful businesses”, will be supported to be “more entrepreneurial and to develop business models that… maximise income, reduce costs and become more financially resilient.” ⭐️

— ACEnterprises (@ACEnterprises) June 25, 2019

We are pleased to see this – our feedback to @ace_national was that the importance of financial resilience and entrepreneurialism wasn’t clear in the first draft of the strategy. At @ACEnterprises we connect and train entrepreneurial people working to sustain culture for all

— ACEnterprises (@ACEnterprises) June 25, 2019

3️⃣  The Investment Principles underpin the bigger value – our members general profits/surpluses from commercial activity which are re-invested in culture. ⭐️Here’s the aimed-for outcomes⭐️

 👩🏾‍🎨 Creative People
 👥 Cultural Communities
 🏴󠁧󠁢󠁥󠁮󠁧󠁿 A Creative and Cultural Country

— ACEnterprises (@ACEnterprises) June 25, 2019

There’s still time to feedback on this draft of the strategy – an online consultation opens 1 July and there are consultation events taking place across England. You’ll find links if you scroll back up ⬆️

— ACEnterprises (@ACEnterprises) June 25, 2019

In the meantime, remember

✅ Outcomes, rather than goals
💭 Resilience through entrepreneurialism, as part of a dynamic organisation
🍥 Great cultural enterprises are all about #ReinvestingInCulture pic.twitter.com/DGCP4jSEvu

— ACEnterprises (@ACEnterprises) June 25, 2019