artsVest is a three year pilot matching incentive program created by Business for the Arts in partnership with the Ontario Ministry of Culture, the Ontario Trillium Foundation, and Canadian Heritage. Its goal is to help develop new, mutually beneficial partnerships between business and arts organizations that will in turn benefit Ontario communities.

artsVest Results:In the past three years, $535K matching funds stimulated $925K in business dollars, generating $1,46M in total for arts and culture in eleven Ontario communities - representing a 142% increase over the matching funds. Overall in Ontario, 132 arts and cultural organizations partnered with 369 businesses, with 222 of those businesses being first time partners of the Arts.

artsVest has concluded its final year of the three-year pilot program. Click below for more information about the four final artsVest Ontario communities of Sault Ste. Marie, Kingston, Orillia, and the Niagara Region — including our artsVest celebrations!:

2007-08 artsVest Communities

artsVest Year Three: 2007 – 08 Communities

Year Three (2007-2008) brought artsVest to four communities: Kingston, Sault Ste. Marie, Orillia and the Niagara Region

• A total of $547,000 was generated for the arts from an initial investment of $185,000 (provided by the Trillium Foundation and the Ministry of Culture with an additional $25K for the Niagara Region contributed by the Niagara Community Foundation).
• $361,934 in new business sponsorship dollars was leveraged for the arts – almost double the challenge fund.
• The artsVest challenge fund consistently generated greater return on investment from business partners.
• In every community the arts organizations and their business partners surpassed the artsVest fund by a significant margin.

Snapshot of Year Three 2007-08 Results (PDF 79KB)

If you have any questions, please contact Eilis Karry, Program Coordinator at 416.869.3016 x 222 or e_karry@businessforarts.org.

artsVest is funded by The Ontario Trillium
Foundation nd The Ontario Ministry of Culture.

The Ontario Trillium Foundation, an agency of the Ministry of Culture, receives annually $100 million of government funding generated through Ontario's charity casino initiative.
www.trilliumfoundation.org
www.culture.gov.on.ca