Arts Council England Capital Investment Grants

Arts Council England has announced approximately £114.6 million of capital grants, divided between 26 organisations, in the first round of its National Lottery capital investment programme.

The capital grants (which can only be applied for above £500,000) are made to organisations that wish to improve infrastructure and facilities. Among the organisations slated to receive funding are the Southbank Centre, the National Theatre, the Roundhouse, Bristol Old Vic, and the Stables; they will now make a second application to secure the offered funding.

There will be two further rounds under the capital investment programme, with £50 million made available in 2012/13, and another £50 million in 2013/14.