The Smart Fund is a proposal by creative industry organisations to invest in the UK’s arts and culture, without cost to the government or taxpayer. It does this by using funds from sales of electronic devices which copy, store and share creative content, mirroring long established schemes in 45 countries around the world.Manufacturers pay a small fraction of the value of each device they sell into a fund that is paid out to creators and community projects.Independent research has shown the scheme could generate up to £300million per year.
The Smart Fund is a proposal by creative industry organisations to invest in the UK’s arts and culture, without cost to the government or taxpayer. It does this by using funds from sales of electronic devices which copy, store and share creative content, mirroring long established schemes in 45 countries around the world.Manufacturers pay a small fraction of the value of each device they sell into a fund that is paid out to creators and community projects.Independent research has shown the scheme could generate up to £300million per year.
The Smart Fund delivers
A funding solution for the UK’s creative industries
The Smart Fund will support creativity and culture across all of the UK
A sustainable and future-proof solution to supporting the UK’s arts and culture sector, without cost to the government or taxpayer
The Smart Fund will be a partnership between creators, technology companies and government.
The Smart Fund will drive the growth of the UK's creative sectors
The Smart Fund is a no brainer. Currently there isn’t any effective way for creators to be recompensed when their work is downloaded and stored by audiences. The Smart Fund provides a way to invest in creative talent of all ages and backgrounds.