Next Generation funds applied to the cultural sector

9 April, 2024

The Covid-19 pandemic brought with it unprecedented challenges for the cultural sector, from the closure of theaters and museums at times to the cancellation of events and shows, in the toughest times of the pandemic.

However, in the midst of all that uncertainty, the unique opportunity arose to transform and revitalize the cultural sector through the Next Generation Funds, and today we will talk about them and how these funds are being applied to promote recovery and innovation in the cultural field. .

What are Next Generation Funds?

The Next Generation Funds, also known as recovery and resilience funds, are a European Union initiative designed to help member countries recover from the economic impacts of the pandemic and move towards a sustainable and resilient recovery. These funds are intended to finance projects that promote digital transformation, ecological transition and economic and social resilience.

Applications in the cultural sector

The Next Generation Funds offer a unique opportunity to revitalize this crucial sector. These are some of the ways in which these funds are being applied in the cultural field:

Digitization of cultural institutions: Funds are being used to digitize museums, theaters and art galleries, allowing the public to access collections and exhibitions virtually. This not only expands the reach of cultural institutions, but also creates new interactive experiences for visitors.
Artist and creative support: Funds are being used to provide financial support to artists, musicians, writers and other creative professionals affected by the pandemic. This includes grants for creating works of art, organizing cultural events and carrying out collaborative projects.
Promoting diversity and inclusion: Funds are being directed toward projects that promote diversity and inclusion in the cultural sector, supporting initiatives that give voice to marginalized communities and promoting equal access to culture for all.
Innovation and experimentation: The funds are being used to finance innovative and experimental projects in the cultural field, including the creation of collaborative creative spaces, the exploration of new ways of presenting and sharing art and the incorporation of emerging technologies in cultural production.

Driving recovery and renewal

The Next Generation Funds represent an unprecedented opportunity to drive recovery and renewal in the cultural sector.

By providing funding for innovative and transformative projects, these funds are helping to ensure that the cultural sector not only recovers from the impacts of the pandemic, but also emerges stronger and more resilient than ever.

It is time to seize this opportunity to imagine a vibrant cultural future full of possibilities.