Arts Endowment Fund
On 4 July 2011 it was announced that Portillo will chair a new £55m Arts Endowment Fund, to be supported by the Arts Council, the Heritage Lottery Fund and the Department for Culture, Media and Sport. Applicants will be able to bid for grants of between £500,000 and £5m, which must be matched from the private sector. Applications are expected to begin in September 2011.
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