The Rimbaud and Verlaine Foundation has been developing a new business model for the arts based on a mixture of ‘angel’ style investment in arts content plus a number of earned income streams from products and services arising out of the application of the Foundation's know how and intellectual property.
The Foundation has also developed a template for a new kind of investment Bond designed to provide a way for arts organisations to take advantage of their existing assets, and develop new opportunities for earned income.
The Foundation believes it has created a model that is capable of becoming sustainable and of promising a limited (or capped) return on investment. The Foundation is at the forefront of innovative thinking about arts funding, and its work promises to lead to a far more resilient arts sector. It is in the process of creating an important new entrepreneurial business model for the arts, one which could affect positively the fortunes of many other arts organisations.
If you are interested in finding out more about the Foundation’s ground-breaking work in this area, please email graham@rimbaudverlaine.org
Click here to read an article about the Foundation’s new business model for the arts, a piece authored by Thomas Venning, Head of Books and Manuscripts at Christie’s, and Chair of the Rimbaud and Verlaine Foundation
The Foundation is using this new business model to develop a show with the writer Chris Ruffle called "Before the Wall" which will preview at the 2019 Edinburgh Fringe Festival.
More information can be found here.