NAC to raise $25 mln for venture fund earmarked for artists
The National Arts Centre has launched a $25 million fundraising campaign to provide a source of venture capital to artists and art organization in Canada. Winnipeg businesswoman and philanthropist Gail Asper committed $5 million to the campaign, bringing the amount raised so far to $23 million. Details of the new funding model will be released in the coming months, however, the NAC said it will begin investing in the creation of new works of music, dance and theatre by 2017. Based in Ottawa, the NAC is a centre for the performing arts.
28 September 2016•3 mins read
