Cornerhouse’s arts centre is one step closer to benefitting from a £5million funding boost as a merger with Library Theatre was formalised.
The organisation has just been informed that their joint application with the city for a £5million grant from the Arts Council England’s new Capital Investment programme has successfully gone through to its second stage.
Chief Executive of Arts Council England, Alan Davey, said: “This programme is about backing a wide range of really exciting proposals to make sure the arts infrastructure in place for organisations to thrive, for the benefit of artists and audiences across the country.”
Cornerhouse and Library Theatre Company will merge to create a major new multi-artform producing organisation on April 1.
The producing organisation will be based in a purpose-built home at First Street, due to open in 2014.
Chief Executive of Cornerhouse Dave Moutrey said: “I’m delighted that the merger between Cornerhouse and Library Theatre Company has now been formalised.
“This is a great partnership, with both organisations already working together closely in the run-up to the merger.”
Mr Moutrey added: “The strength of this collaboration is built on our common commitment to the work, our audiences and artists.”