Source · Select Committees · Public Accounts Committee
Recommendation 24
24
We asked ACE what it had learned about the sector.
Conclusion
We asked ACE what it had learned about the sector. It told us that for round one of the fund, about 40% of those organisations it funded were new to it, and for round two of the fund, 23% were new to it.62 The Department also told us that the fund had been able to support a broader, larger proportion of the sector than it had anticipated at the beginning.63 In its view, one of the few silver linings of the pandemic had been the depth and breadth of the relationships that it and its arm’s-length bodies had built with stakeholders in the sector, which it wanted to build on.64 57 Qq 9, 59, 60, 65 58 Qq 60, 65 59 Q 65 60 Qq 59, 64 61 Qq 15, 16, 62 62 Q 48 63 Q 68 64 Qq 48, 74 COVID 19: Culture Recovery Fund 15