South African Cultural Observatory

The Role of Venture Capital in Promoting the Cultural And Creative Industry (CCI)

Upload date: 10.06.21
Download Document
The Role of Venture Capital in Promoting the Cultural And Creative Industry (CCI) This paper examined relevant literature and documents to provide an overview of the role of venture capital in promoting the Cultural and Creative Industry (CCI). The CCI contributes substantially to the economy and has the potential to further contribute to social cohesion, job creation and socio-economic development. This research is undertaken in the context that globally (and this is of major issue in South Africa) there is a high reliance on public funding to support the CCI that raises sustainability concerns. The paper critically examines current scholarly literature and reports on the role of venture capital to promote and support the CCI sector. Specifically, venture capital financing needs and trends in relation to the CCI sector are identified, current sources and future opportunities of venture capital support for the CCI sector are assessed, the types of support provided by venture capital to the CCI sector are established, and implications and challenges associated with v
More News
Executive Direction - December 2021 Executive Direction - December 2021

As we publish this edition of the Cultural Observer, most of the West has placed South Africa in the travel red list owing to the Omicron variant of Covid-19 identified by the South African scientists.

The SA Cultural Observatory - Measuring and Valuing SA’s Cultural and Creative Industries The SA Cultural Observatory - Measuring and Valuing SA’s Cultural and Creative Industries

The Observatory was established to undertake economic research for and about the cultural and creative industries in SA. Additionally we have done research on other related sectors that impact the cultural industries.

SACO Releases Covid-19 Impact Report in Soweto SACO Releases Covid-19 Impact Report in Soweto

Due to the Covid-19 restrictions most industry events and activities have either been cancelled or largely held online since April 2020.

Industry News and Highlights Industry News and Highlights

The Cape Town-based artist, Andrea du Plessis (40) has been announced as the winner of the 2021 Sasol New Signatures Art Competition.

Six Artists Scoop The 2021 Standard Bank Young Artists Awards Six Artists Scoop The 2021 Standard Bank Young Artists Awards

Six young South African artists were the successful winners and recipients of the Standard Bank Young Artists for 2021. The fortunate artists are Kristi-Leigh Gresse (Dance), Vuma Levin (Jazz), Buhlebezwe Siwani (Visual Art), Cara Stacey (Music), Gavin Krastin (Performance Art) and Thando Doni (Theatre).

Connect with us