The Arts Council England has announced that the V&A Purchase Fund has been renewed until 2022. Accredited museums, specialist libraries and record repositories accredited under the Archive Service Accreditation Scheme can now apply for a share of the £724,000 of funding available this year.
The fund enables regional museums and cultural organisations to strengthen the quality, relevance and standard of their permanent collections and supports the purchase of a wide range of material for the permanent collections of organisations in England and Wales. The purchase price of an object should be between £500 and £500,000 with grants available for up to 50% of the purchase price, though it is unlikely that any organisation will receive more than £50,000 in any one year.
Applications are accepted at any time.