About Nesta

Nesta is an innovation foundation. For us, innovation means turning bold ideas into reality and changing lives for the better. We use our expertise, skills and funding in areas where there are big challenges facing society.

Figurative incorporates Arts & Culture Finance (formerly a division of Nesta) and New Philanthropy for Arts & Culture, specialising in investment, funding, innovation and impact leadership.

Figurative is a not-for-profit based in London, UK and incorporating Arts & Culture Finance and New Philanthropy for Arts & Culture. It specialises in raising and managing impact funds and designing innovation programmes and impact frameworks – all tailored to the cultural and creative sector. It also offers global advisory services and conducts research into the future of cultural and creative funding and impact. Figurative manages three investment portfolios – the Arts Impact Fund, the Cultural Impact Development Fund, and the Arts & Culture Impact Fund. The latter is currently open for applicants.

Figurative’s long-term goals are to:

  • attract significant new investment to the cultural and creative sector by raising and managing new funds and supporting the sector to diversify its funding streams and networks
  • make the UK a global hub for cultural innovation through world-leading innovation programmes for organisations experimenting with funding and business models, new technologies and services
  • be a centre of excellence for arts and impact, helping organisations monitor and articulate the difference they make in the world and exploring how social and environmental goals can be supported by responsible finance.

Figurative has been supported by major cultural and creative funders and leading social investment groups. Funders include Arts Council England, Esmée Fairbairn Foundation, Paul Hamlyn Foundation, National Lottery Heritage Fund, Calouste Gulbenkian Foundation, Julia and Hans Rausing Trust, Rothschild Foundation and Nesta.