South Carolina Arts Commission

South Carolina Arts Commission

Artists’ Ventures Initiative (AVI) Grants

Grant Information


Application Deadline
03/26/2019

For artists invited to submit a full application


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.


Funding
Up to $3,500 for a one-time project/single purchase; up to $5,000 for an ongoing business venture


Grant Period
July 1, 2019 - December 31, 2020


Matching Requirement
1:2 (applicant:SCAC)

FY20 Grant Round In Progress

Applicants selected to submit a full grant proposal have been contacted.

About This Grant

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 use AVI funding to help launch a new venture or significantly alter an existing venture. A one-time project/single purchase may be awarded up to $3500. An ongoing business venture may be awarded up to $5000.

What is the Artists’ Ventures Initiative?

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.

Applicant must:
  • Be a professional-caliber working artist or group of artists working in collaboration;
  • Be 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; and
  • Not be a degree-seeking, full-time student during the grant period.

Note: 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.

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

  1. Attendance at no fewer than two convenings designed to further the professional development of participating artist entrepreneurs. These meetings will take place during 2019 and 2020.
  2. Submission of quarterly progress reports (narrative and financial statements) over the course of the first 18 months of the grant.

Past recipients of the AVI grant may not reapply. Additional funds may be available through ArtsGrowSC and Arts Project Support (APS) Grants (application opens March 15, 2019).

Deadlines

Part One: Letter of Intent to Apply (Open to All) – January 15 , 2019

Part Two: Full Grant Application (By Invitation Only) – March 26, 2019

Grant Period

July 1, 2019 – December 31, 2020

 

Funding
  • Up to $3,500 for a one-time project/single purchase
  • Up to $5,000 for an ongoing business venture

This grant award will constitute taxable income for the artist and should be reported to the federal and state governments.

Matching Requirements

1:2 (applicant:SCAC)

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

AVI grants are managed in our online grants management system, from application, to approval and contracts, through payments and final reports.

Our online grants are managed using the Foundant platform. For frequently asked questions, registration instructions, and other helpful information, we highly recommend visiting the Foundant page on our website.

To apply for an AVI grant, the applicant must have an active account in our online grants management system.

Part One of the two-part grant process has ended. The South Carolina Arts Commission has reviewed the submitted Letters of Intent and related materials  (Part One) and has extended an invitation to selected applicants to develop the proposed venture into a full grant proposal (Part Two).

If you have been invited to continue to Part Two of the AVI process and submit a full grant application, you have been contacted by email with the relevant information.

After You Apply

I.  Part One: Letter of Intent to Apply

Letters of Intent and related materials will be reviewed by S.C. Arts Commission program staff and management. Selected applicants will be invited to develop the proposed venture into a full grant proposal.

II. Part Two: Full Grant Application

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 will be reviewed by business professionals based on the criteria in the published guidelines. Final funding decisions are made by our Board of Commissioners.

Full Application Review Criteria

  1. The artist demonstrated business savvy, acumen and commitment to the venture.
  2. The project, product or service provides a feasible creative or artistic value to the marketplace.
  3. The target market is clearly understood and there is a well-defined strategy to achieve objectives and goals.
  4. Current and potential competitors are identified and there is a distinct plan for differentiating the product or service.
  5. There are reasonable financial projections and a demonstrated method for creating new revenue streams to sustain profitability.

If your application is approved, you will receive notification and your contract will be available in the online system. You must electronically sign your contract by the date indicated in the system. You must also complete subsequent materials (including a Final Report), by the date stated in your online account. You will be expected to contact your S.C. Arts Commission coordinator if for any reason your project will undergo significant revisions.

Grant Payments

Payment will be on a reimbursement basis only. The grantee may receive up to 80% of the grant award during the grant period, with the final 20% released upon receipt and approval of Final Report.

Final Report

ALL GRANTEES are required to file a Final Report at the end of the grant period. The Final Report Due Date is printed on your contract. Failure to submit an accurate and complete Final Report by the due date will result in cancellation of the award and repayment of funds received. The S.C. Arts Commission will not fund applicants who have outstanding Final Reports.

Please contact S.C. Arts Commission AVI program director, La Ruchala Murphy (803-734-8680).