Affordable housing

Private landlord housing in London is the most expensive in England. There are other housing options that are more affordable than renting. Often these are short term and may not be suitable for everyone. If you are homeless…

Charlotte Marra and Patrick Goddard: on navigating the art world

As part of University of the Arts London Enterprise Week Artquest presented DIY: Navigating the Artworld with Charlotte Marra and Patrick Goddard. Run by UAL’s Careers and Employability service, Enterprise…

7 Steps to Business Start-up

This guide discusses the main points you should consider in the early stages of starting out as a self employed art practitioner, designer or creative business. This is an original work devised by Alison Branagan…

Residency budgets

Few people can afford to take time off work for a residency without financial support, so it’s important to budget properly for the duration. Find out exactly what is available to you in terms of payment in kind…

When to apply for grants

Making grant applications takes a lot of time, and is highly competitive: avoid wasting your resources by considering whether to apply before putting pen to paper, or if it’s better to wait until a project…

Exploit your assets

Most artists earn only a small proportion of their income directly from their art practice (and many earn nothing at all from being an artist): there are many different ways to finance your career. Some artists get…

Who provides grant funding?

Grant funding comes from two main sources: public funders (such as local councils or Arts Council England) and private funders (charities, trusts and foundations). Public Funders Government departments, local authorities and ‘quangos’ (quasi autonomous non governmental…

What is a grant?

Grant funding is traditionally the best known type of funding for artists. Consequently, it is a highly competitive field with many more people applying for grants than can be supported. A grant is a form of…

Fundraising basics

Fundraising can be a full time occupation, so what can you do if you want to get more effective at applying for grants without it taking over your life? Be prepared Every application needs to be tailored to…

What kind of money do you need?

Before investing lots of time in researching funding and finance options, it’s best to spend some time working out exactly how much – and what kind – of money you need. We all…

Bartering and exchange

Bartering involves the exchange of goods and services directly for other good and services without using money. It’s probably the most primitive form of trade, and has the advantage that you don’t need any money to start…

Spend less

The less money you spend, the less you’ll need to earn or raise. Before you think about raising your income, work out if you can reduce your expenditure. Are you paying too much for your studio (if you…

Loans and finance

Loans, overdrafts, credit cards, mortgages, micro loans are all forms of ‘debt finance’: money is borrowed from a lender then repaid over a period of time, usually with interest. The total amount repaid is always more than…

Sponsorship

When looking for sponsorship, it’s best to only approach companies that you have some kind of link with or who may have some sympathy toward your work and practice. Companies may prefer supporting organisations and individuals who are in…

Project budgets

Most applications will ask for a budget at some time during the process.  It is important that your budget remains within the guideline amounts provided and clearly shows how any monies provided will be spent, as well as…

Crowdfunding

Crowdfunding lets you ask for small amounts of money from a large number, instead of the usual model of asking large amounts of money from a small number of people. At its heart, crowdfunding is a social networking campaign…