IBTC News

Cultural Recovery Funds award announced.

Portsmouth Naval Base Property Trust, the parent organisation of IBTC Portsmouth, is one of 445 heritage organisations across the country set to receive a lifesaving financial boost from the government thanks to the £1.57 billion Culture Recovery Fund to help them through the coronavirus pandemic. 

445 organisations will share £103 million, including PNBPT, to help restart vital reconstruction work and maintenance on cherished heritage sites, keeping venues open and supporting those working in the sector.

PNBPT has been awarded over £600k, nearly a third of which has been earmarked for bursaries to study boatbuilding. These bursaries, worth up to 70% of the course fees for a full-time year-long course, will be awarded to new students who have been made redundant or otherwise lost their source of income as a direct result of COVID-19. 

This vital funding is from the Culture Recovery Fund for Heritage and the Heritage Stimulus Fund - funded by Government and administered at arms length by Historic England and the National Lottery Heritage Fund. Both funds are part of the Government’s £1.57 billion Culture Recovery Fund which is designed to secure the future of Britain’s museums, galleries, theatres, independent cinemas, heritage sites and music venues with emergency grants and loans.

433 organisations will receive a share of £67 million from the Culture Recovery Fund for Heritage to help with costs for operating, reopening and recovery. This includes famous heritage sites across the country, from Wentworth Woodhouse in Yorkshire to Blackpool’s Winter Gardens, Blyth Tall Ship to the Severn Valley Railway, the International Bomber Command Centre in Lincolnshire to the Piecehall in Halifax. The funds will save sites that are a source of pride for communities across the country.

12 organisations, including English Heritage, Landmark Trust, Historic Royal Palaces and the Canal and River Trust, will receive £34 million from the Heritage Stimulus Fund to restart construction and maintenance on cherished heritage sites to preserve visitor attractions and protect livelihoods for some of the most vulnerable heritage specialists and contractors in the sector.

If you, or anyone you know, would like to find out more about the new bursary scheme, complete the form on this page.

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