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No more Grants and Grandma?
ERPA Invention Session #2
Tuesday, September 30, 2008, 11:30am-1pm
Moderated by Jonah Bokaer
• Catherine Barnett, Vice President, Project Enterprise
• Chris Elam, Artistic Director, Misnomer Dance Theater
• Heather Rees, NYC Venture Philanthropy Fund
• Esther Robinson, Filmmaker and Founder, ArtHome; former Director of Film/Video & Performing Arts for the Creative Capital Foundation
If the majority of New York's ambitious performing artists will never attain financial stability from grants and individual donations, what are some other ways we can build financial stability? What are microfinance, venture capitalism, entrepreneurship, patient capital and investment funds? What do these things mean and how can we successfully modify them to meet our singular needs? Hear from experts in these fields and learn how you can appropriate their solutions for your art-making.
Artists are entrepreneurs by our very nature. We are nimble and rigorous risk-takers. We are running businesses, asking for "investors", delivering amazing ROIs (returns on investments!), raising capital, and leveraging resources. Traditional philanthropy is often demoralizing and puts us 8 rungs down on the ladder looking up and begging. And the demand for grants and "grandma" (i.e. individual patrons) way way way outpaces the supply. So what then? Alternative models can perhaps let us be in the driver's seat or on an even playing field. Partner, engage, collaborate, demand, up the ante, know your "product", know your constituents, clarify your goals and your vision, ask for help and then offer to help another. Get to know your neighbors (to paraphrase Esther Robinson!) Make your work and make it noisy.