(ITALY)

The European Commission (EC) says it is committed to supporting the role the creative sector has to play in connecting ‘art, business and technology’.

“Culture and the creative sectors build bridges between art, business and technology,” the EC tweeted today

In a news release the EC confirmed today it is ‘providing €300 million in new financing from the for around 3,500 SMEs in the cultural & creative sectors in Italy’.

 

“Culture and the creative sectors build bridges between art, business and technology. They are a catalyst for innovation and foster risk-taking attitudes, which are key in building resilience. Helping these companies scale up and stimulate creativity is high on the European Commission’s agenda. This guarantee agreement helps to bridge the financing gap faced by these sectors and will have important economic and social benefits,” said Mariya Gabriel, Commissioner for Digital Economy and Society, and Tibor Navracsics, Commissioner for Education, Culture, Youth and Sport.

 

The Italian initiative is part of the wider Creative Europe programme – designed to fund projects that can build these bridges.