Attractions industry news

23 Feb 2018

HLF considers change to funding methods

The Heritage Lottery Fund (HLF) is changing the way it hands out finances for British projects, with the organisation considering the introduction of loans and corporate funding objectives starting next year.

The body is currently planning out its strategic framework for National Lottery funding for 2019-2024, which includes reviewing the manner in which it is distributed to heritage projects. This includes a simplification of the organisation’s grant schemes, the introduction of non-grant finance such as loans and a democratisation of the grant-making process.

As part of the changes, the HLF is planning new strategic funding to support innovation and new ways of working. According to the HLF, it expects these initiatives to include a strong focus on urban parks and landscapes, with further details to follow in Q2.

“The operating environment for UK heritage remains uncertain and volatile. With reduced public funding available, competition for HLF grants has grown,” said an HLF spokesperson.

“This coincides with a recent decline in National Lottery income, from historic high points in 2015 and 2016.

“Our next Strategic Funding Framework will enable us to respond flexibly to changes in our income.”

The HLF is running a consultation period starting in March, with the funder declaring its intention to shift from being the “largest dedicated grant-funder” of the UK’s heritage to “the largest dedicated investor”. The move to use National Lottery income for grants, loans and financial interventions, would be so the organisation could “respond best to strategic needs and create most long-term value for society”.

<< Back

News powered by attractionsmanagement.com

The Everyday Heritage initiative celebrates and preserves working class histories

Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England. [more...]

Heartbreak for Swedish theme park, Liseberg, as fire breaks out

A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing. [more...]

Raby Castle reveals ambitious plans to become a major visitor destination

Raby Castle, known as one of the finest medieval fortifications in England, is nearing the end of an ambitious two-year renovation project. [more...]

Wake The Tiger launches new 1,000sq m expansion

Wake the Tiger, the Bristol-based immersive art experience, is set to open its 1,000sq m expansion on Friday 2 February. [more...]

Tate Modern and Frame collaborate on a mind/body experience

London boutique operator, Frame, has teamed up with the Tate Modern to offer two yin and sound yoga classes, following by a tour of the art gallery. [more...]

Elvis Presley Live is rolling out globally

Immersive entertainment specialists, Layered Reality, is creating a tribute to Elvis Presley featuring a concert experience with a life-sized digital Elvis. [more...]

In brief:

@PerthMuseumUK to open Easter weekend, bringing the Stone of Destiny back to Scotland for the first time in more than 700 years @culturepandk @mecanoo_ [more...]
Excitement for Bedford as the town could be home to Europe’s first Universal Studios @parks_universal [more...]
Google launches Gemini AI – its ChatGPT killer @google [more...]
Tourism think tank explores gender equity and male allyship @tourismsociety [more...]
Accenture says AI is bringing on a decade of deconstruction @AccentureSong #Accenture #AI #Technology [more...]
Back in time – visitors experience 1960s healthcare in Black Country Museum's new living history centre @BCLivingMuseum #BlackCountry #NHS #History [more...]
Attractions.io creates night-time map for Alton Towers @attractions_io @daz_black @altontowers #AltonTowers #MerlinEntertainments #DazBlack #DazGames [more...]
'Birthplace of Scottish tourism', Trossachs Pier, to get iconic viewing tower @lomondtrossachs #LochLomond #Trossachs [more...]
Therme appoints UK CEO as £250m Therme Manchester gets planning approval #spa #wellness #wellbeing #health #fitness #investsment #development #progress [more...]
More news from attractionsmanagement.com>>
<< Back