South Carolina Arts Commission | Grants Programs - SC Artists' Ventures Initiative Guidelines

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SC Arts Commission Grants Programs

S.C. Artists' Ventures Initiative (AVI) Grant Guidelines

New Grant Round Open

The S.C. Artists' Ventures Initiative (AVI) Grant program is a two-part process, with letters of intent due December 13, 2013. Selected applicants will be invited to develop a full grant proposal.

Purpose

To encourage and enable the creation of new artist-driven, arts-based business ventures that will provide career satisfaction and sustainability for South Carolina artists.

South Carolina artists (individuals and collaboratives) may apply for up to $5,000 in order to launch a new venture or significantly alter an existing venture.

If you have any questions about the grant process, please contact Joy Young at 803-734-8203.

Grant Eligibility Requirements

Open to artists (individuals and collaboratives) with a strong plan to launch a new arts-based business venture that will operate in an ongoing manner, to execute a temporary venture that will lead to increased audience and income, or significantly alter an existing venture. Funding will be awarded to the individual artist identified as the primary applicant, not to the business entity. This grant award will constitute taxable income for the artist and should be reported to the federal and state governments.

Applicant must be:

A professional-caliber working artist or group of artists working in collaboration
A legal resident of the U.S. and S.C. with a permanent residence in the state for at least one year prior to the application and throughout the grant period.

Additional Requirements of this Grant

Applicants whose proposals are funded in this initiative will commit to:

Attendance at no fewer than two convenings designed to further the professional development of participating artist entrepreneurs. These meetings will take place during 2014 and 2015.
Submission of quarterly progress reports (narrative and financial statements) over the course of the first 18 months of the grant.

Restrictions

Past recipients of the AVI grant may not reapply at this time. Additional grant funds may be available through Quarterly Grants for Artists.

Match

1:2 (applicant:S.C. Arts Commission). 100% of the applicant's match must be cash. No in-kind or creative time is allowed as part of applicant's match.

How to Apply

In order to be considered as an applicant for the Artists’ Ventures Initiative grant, you must first submit a letter of intent along with samples of your work. If you are approved to move forward, you will then be invited to submit a full application.

Deadlines for the Two-Part Grant Process

I. Part One: Letter of Intent to Apply - Deadline: December 13, 2013

The South Carolina Arts Commission will review letters of intent and related materials and extend an invitation to selected applicants to develop the proposed venture into a full grant proposal. Letters and support materials must be postmarked on or before December 13, 2013, or hand-delivered to the South Carolina Arts Commission offices before 5:00 pm, December 13, 2013. Letter of Intent Guidelines >>>

II. Part Two: Full Grant Application - Deadline: March 14, 2014

After the review of the letters of intent and support materials has been completed, selected applicants will be invited to proceed to Part Two with a full grant application. Only those applicants who have been invited will be considered. Applications must be postmarked on or before March 14, 2014, or hand-delivered to the South Carolina Arts Commission offices before 5:00 pm, March 14, 2014. Guidelines for the Full Grant Application >>>

Part One: Letter of Intent – Due December 13, 2013

Your letter of intent contains four sections:

Applicant information
Business plan summary
Work samples
Professional resumes for all primary artists involved in the venture

Section One: Applicant Information

Please provide the following:

Name
Artistic discipline (e.g. visual, literary, film, media, theatre, music, dance, etc.)
Mailing address
Primary phone number
Email address
Doing business as (if applicable)
Business street address
Business phone number
Business email
Business website
Organizational structure
- Legal status of the venture (e.g. Sole Proprietorship, LLC, etc.)
- Permanent operation or one-time event
- Are you registered with the S.C. Secretary of State?
List other primary contributors, partners, or employees involved in this venture

Section Two: A Summary of your Business Plan

In one to two pages (1 inch margins, single-spaced, 12 point type), the summary must address the following:

The business' mission statement.
A description of the business' operations (its work and the processes that accomplish that work).
The business' marketing strategy (where and how you sell your product or services, as well as a description of the market research that has led to these choices).
A clear explanation of how requested funding will be utilized. Financial statements are not necessary at this point.

Section Three: Work Samples

Please submit work samples that best represent the type of work you will be doing in relation to this grant submission. If necessary, please feel free to combine artistic disciplines. For example: if you are a performing arts cooperative, you might submit a video of a combined performance of dancers, singers, and musicians. All work samples should be current (less than five years old). If you have questions about work samples, please contact Joy Young at 803-734-8203.

For visual arts – 10 high-resolution images submitted on CD.
For literary arts – two sets of writing samples, totaling 10 pages per set (double spaced, 12 point type).
For music, theatre, dance, film, and media arts – a 5 minute, high quality recording of principal performers, submitted on CD, DVD or via internet link.

Section Four: Professional resumes for all primary artists involved in the venture.

Please include both artistic and entrepreneurial experience.

Please mail or deliver your Letter of Intent by December 13, 2013 to:

S.C. Artists' Ventures Initiative
South Carolina Arts Commission
1026 Sumter Street, Suite 200
Columbia, SC 29201

Part Two: Full Grant Application - Due March 14, 2014

Your full application will be evaluated based on your adherence to the guidelines and on the following criteria:

There is a strong team in place that has the capacity to bring the product or service to market.
The product or service provides a feasible creative or artistic value to the marketplace.
The target market is clearly understood and there is a clear and well-defined strategy to achieve objectives and goals.
Current and potential competitors are identified and there is a distinct plan for differentiating your product or service.
There are reasonable financial projections and a demonstrated method for creating new revenue streams to sustain profitability.

Application Materials

Grant Application for Individuals form (PDF)
(How To Use PDFs)

Venture Plan

In no more than 5 pages, provide a plan for the venture that includes a summary, the venture's mission, operational strategy, product information and marketing plan. Your plan should be in 12 point type, single spaced, with 1 inch margins. Use this structure:

Mission Statement

What are you doing and why are you doing it? How will this venture help you build a satisfying and sustainable artistic career? What is your financial goal for this venture?

Organizational Strategy
1. Legal status of the venture
  Is this venture a permanent operation or a one-time event? Have you registered with the S.C. Secretary of State? Is this venture a sole proprietorship, a Limited Liability Corporation (LLC), a partnership, a non-profit corporation?
  Suggested resources:
  - S.C. Volunteer Lawyers for the Arts
  - S.C. Business One Stop
2. Management Team
  Who is managing the artistic product and operational processes required by this venture? As an attachment, please provide resumes for each. Does your venture have a board of directors or advisors? Please provide a brief biographical sketch of each in this space.
3. Employees
  How were participating artists and support personnel selected? How will participating artists and support personnel be compensated?

Product or Performance
1. Description of Artistic Product or Performance
  Please provide a one-paragraph description of the venture’s primary artistic work. What stage of development is the venture currently in? What is the timetable for the venture during the grant period (May 1, 2014 – October 31, 2015)? Are there liability concerns to address? Have necessary permits and insurance coverage been obtained? Are trademarks, copyrights, or patents required?
2. Facility needs
  Please describe the location(s) for your venture and explain the appropriateness of the space and location.

Marketing Plan
1. Market Research
  Describe your target market and outline the research you have done to determine this market. How large is this market?
2. What is the competition for this market?
3. What is your strategy for reaching this market and getting them to buy your product? How will you differentiate yourself from your competition? What distribution channels will you use? How will you price your product?

Financial information
- If you are proposing an ongoing business, you must complete projections for the 12 months beginning January 1, 2014, and ending December 31, 2014. Please use the AVI Financial Projections Template – do not substitute another form.
- If you are proposing a project or one-time event, you must complete a project budget, on page 2 of the Grant Application for Individuals form (PDF). (How To Use PDFs). Please provide an additional page detailing budget expenses and income.

Professional resumes for those managing the artistic product and support processes central to the venture

Note: Do not use 3-ring binders, folders, staples, or bind the application materials other than with binder clips or paper clips.

Please mail or deliver your application packet by March 14, 2014 to:

S.C. Artists' Ventures Initiative
South Carolina Arts Commission
1026 Sumter Street, Suite 200
Columbia, S.C. 29201

For more information, please contact Joy Young (803-734-8203).

Instructions

In addition to this page, you must read the following for complete guideline information:

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