Think of it as venture capital for the arts world: that's what the National Arts Centre says about its new $25 million fundraising campaign, which is designed to support artists across Canada creating new works. A typical arts group rarely makes enough from ticket sales for individual productions — say a dance or a play — to fund the creation of bold, innovative and adventurous new art, explained Jayne Watson, CEO of the Ottawa-based National Arts Centre Foundation. What we're saying is let's make sure there are the opportunities to make those risky decisions. "It's like venture capital in the performing arts world." The NAC is calling this the "Creation Campaign," with some of the money earmarked specifically for pieces marking the 150th anniversary year of Canada's Confederation in 2017.

Source: CBC News September 28, 2016 15:00 UTC