This educational arts charity was offered a £600,000 credit facility from the Arts Impact Fund to purchase and develop property.
Bow Arts Trust is an East London-based educational arts charity, which offers affordable studio space to emerging artists and designers and works with local schools, providing artistic programmes for students and opportunities for artists to supplement their income.
The Trust also runs the Nunnery Gallery, which displays visual art firmly rooted in the history of the area.
Bow Arts Trust runs a number of spaces in London, which are designed to provide studios and facilities as well as acting as a geographical hub and support system for artists and creatives. These sites are welcomed as placemakers, attracting commerce and customers to the local areas, while retaining a strong sense of community history and integration.
The Arts Impact Fund has extended a £600,000 credit facility to Bow Arts Trust to purchase and develop a property on its own balance sheet, reducing its reliance on short-term developments and securing its long-term future.
Read the full case study on Bow Arts Trust on the Arts Impact Fund website.