A Consortium comprising Foresters Community Finance, Positive Solutions and QUT Creative Enterprise Australia (CEA) is working with Arts Queensland to lead the way with a new arts fund that mixes public and private investment. Today Arts Minister Ian Walker launched the Arts Business Innovation Fund (ABIF). The Fund seeks to assist arts organisations in Queensland in pursuit of innovative business initiatives that present opportunities for long-term sustainability.

The objective of ABIF is to strengthen arts organisations financially and operationally, by responding to innovative business ideas that will achieve an organisation’s mission into the future. Arts Queensland has responded to the need for innovation through the formation of ABIF – a new and collaborative approach to the funding and financing of the arts and cultural sector.

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