What were the project goals?
Our goals for the Assets for Artists program are to help low-income artists succeed as microentreprenuers and build assets and income through business growth and the acquisition of affordable space.
Have they changed over time?
These have not changed from the outset. Our main objectives have remained fairly constant as well: (1) Provide support for artists to acquire working capital and the small business management skills necessary to make effective business investments, knowing that such capital and training can be difficult to obtain for low-income self-employed artists; and (2) Help financially stable low-income artists obtain the capital and knowledge necessary to succeed as homebuyers and enjoy the benefits that so often come to artists who own live-work space and can bring their sweat equity and creativity to nurturing that asset.
Who are the project partners and stakeholders?
Assets for Artists is a broad and expanding partnership. For the Berkshire County pilot phase, our main partners and stakeholders have been MASS MoCA, the Massachusetts Cultural Council, the Massachusetts Department of Housing & Community Development, Berkshire Creative, MCLA's Berkshire Cultural Resource Center, and the City of Pittsfield, as well as the statewide Midas Collaborative (a leader in asset-building services) and Massachusetts Small Business Development Center Network, as well as alliances with New York-based ArtHome and Washington, DC-based Corporation for Enterprise Development (CFED) to connect with the broader asset-building and artist-services fields. In 2011, our project's expansion into other parts of the state has been made possible through new partnerships with such organizations as the Boston Redevelopment Authority, Arts & Business Council of Greater Boston, Artmorpheus, Cultural Organization of Lowell and the City of Lowell, and the New Bedford Economic Development Council.