The Comox Valley and Campbell River are listed among the regions in British Columbia that have benefitted from the national artsVest program.
ArtsVest is a matching incentive and sponsorship training program of Business for the Arts, a charitable association of business members who support the arts.
The program offers sponsorship training workshops and resources to small and medium-sized arts and culture organizations to help them secure local business investment and develop new revenue streams. In the 2013/14 fiscal year, a total of 235 partnerships were created between 217 businesses and 62 cultural organizations in B.C., of which 183 businesses were first-time sponsors and 192 of the partnerships were long-term.
Matching funds of $266,336 generated over $998,000 in private sector sponsorship and resulted in an influx of more than $1.27 million to the cultural economy.