NEWS IN BRIEF
Musical fund to aid youngsters
THE Welsh Government and Arts Council of Wales have joined forces to launch a new musical fund that it hopes will open up new opportunities for children and young people.
Backed with a £1m investment from the Welsh Government, Anthem, Cronfa Gerdd Cymru/ Music Fund Wales is described as “a pioneering endowment fund for music in Wales”.
Set up by the Welsh Government and Arts Council of Wales, Anthem is aimed at helping children and young people, from as young as three years old up to 25, to access musical opportunities and develop their skills and talent.
The £1m investment from the Welsh Government is the first stage of establishing the capital of the fund which is set to grow over the next two to three years, with a target annual pattern of grant giving of up to £300,000 per annum scheduled from 2021 onwards.
To ensure availability of funding for future generations the Anthem fund will need to be built up from a variety of sources – public, private and third sector – investing for the long term.
To support its ambitious fundraising effort, high-profile ambassadors are being sought representing all musical genres.