At the juncture of funding, policy, and technology: how promising is match-funding of arts and culture through crowdfunding platforms?

Ellen Loots*, Kaja Piecyk, Yosha Wijngaarden

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

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Abstract

Despite its ubiquity in arts and culture, crowdfunding has limitedly been instrumentalized in policy settings. Yet, with joint contributions by friends, fans, governments, and quasi-public institutions, match-funding of arts and culture through crowdfunding platforms may have benefits: increased revenues for makers and cultural fields, transparency in funding allocation, and stronger community engagement. Drawing upon interviews with regional and local match-funding entities in the Netherlands, we explain how and why they engage in match-funding and what is needed for the collaborative funding mechanism to thrive. Funders are attracted by match-funding’s potential to support relatively large numbers of hitherto underserved makers with relatively small amounts of money, complementary to other funding instruments. Aspects largely overlooked are match-funding’s capacity to leverage resources and install co-decisive processes of public funding allocation. Situated at the juncture of funding, policy, and technology, match-funding requires learning and experimentation with other than reward-based formats to unleash its democratizing potential.

Original languageEnglish
Pages (from-to)1-17
Number of pages17
JournalInternational Journal of Cultural Policy
Volume30
Issue number1
DOIs
Publication statusPublished - 17 Feb 2023

Bibliographical note

Funding
The work was supported by the Instituut Gak in the Netherlands [grant number 2019-041].

i8Publisher Copyright:
© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

Research programs

  • ESHCC A&CS

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