Securing funding for profit entities in the arts in New Hampshire may involve a combination of private funding sources, grants, sponsorships, and partnerships. Here are some potential avenues to explore:
- Business Grants and Competitions:
- New Hampshire Businesses for Social Responsibility (NHBSR): NHBSR promotes socially and environmentally responsible business practices. While not specifically for the arts, they may offer resources or connections to businesses with a similar focus.
- Chamber of Commerce: Local chambers of commerce often have information about grants, networking events, and opportunities for businesses, including those in the arts sector.
- Corporate Sponsorships:
- Local Businesses: Approach local businesses that may have an interest in supporting the arts. Many businesses are willing to sponsor arts events or programs as a way of contributing to the community and gaining exposure.
- Large Corporations: Explore the possibility of partnerships or sponsorships with larger corporations that operate in or have an interest in supporting the arts in New Hampshire.
- Arts and Culture Foundations:
- New Hampshire State Council on the Arts: While primarily focused on nonprofit organizations, the State Arts Council may have resources or information that could benefit for-profit entities in the arts.
- Local Community Foundations: Some community foundations may provide support for arts and culture initiatives in their region.
- Private Investors and Angel Investors:
- Angel Investors: Individuals interested in supporting businesses in the arts sector may act as angel investors. Connect with local investment groups or individuals who have a passion for the arts.
- Crowdfunding Platforms:
- Kickstarter, Indiegogo, or GoFundMe: Explore crowdfunding as a way to raise funds for specific arts projects or initiatives. Create a compelling campaign to attract support from the community and beyond.
- Small Business Administration (SBA) Loans:
- SBA Loans: While not a grant, the Small Business Administration provides loan programs that may be beneficial for for-profit businesses in the arts sector. Explore their loan programs and resources.
- Arts and Business Networks:
- Arts and Business Council of New Hampshire: This organization focuses on connecting businesses and the arts. While their primary audience may be nonprofits, they may offer resources or connections that can benefit for-profit entities.
- Event Sponsorships:
- Local Events and Festivals: Explore opportunities to sponsor or collaborate with local events and festivals. Your business can gain visibility while contributing to the local arts scene.
When seeking funding for a for-profit arts business, it’s important to tailor your approach to align with the goals and values of potential funders. Networking, building relationships, and clearly articulating the impact of your business on the local arts community can be key factors in securing support. Additionally, consider consulting with local business development organizations and seeking advice from professionals in the arts and business sectors in New Hampshire.