The Creative Scale Up Programme, which provides finance and business support to firms in the creative industries, will be expanded with more than £18 million of new funding, the UK Government has announced today. This investment will support innovative creative businesses outside of London as part of the government’s levelling up plans.

The Creative Scale Up Programme will build on the success of the Creative Scale Up pilot. The pilot was a two year, DCMS-funded £4 million investment programme, which supported over 200 creative businesses across three English Combined Authority regions (West of England, West Midlands and Greater Manchester).

The programme was announced in December 2018 as part of the Creative Industries Sector Deal. It provided intensive business support to growth-stage creative businesses, to support them to grow and to access finance

It aims to improve the capacity of relevant investor communities by identifying and engaging local angel investors and matching them to a pipeline of high-growth businesses.

UKFT will provide more detail when it becomes available.

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