ArtsWave aims to ensure everyone in Greater Cincinnati experiences the positive effects of the arts, which contribute to a more vibrant regional economy and more connected communities.
The Working Capital Bridge Loan aims to provide no-interest financial support specifically to small and mid-sized arts and cultural heritage organizations in Greater Cincinnati facing short-term cash flow challenges. Established with a private gift and expanded in 2009 with funds from the Weathering the Economic Storm Fund, a collaborative effort among Cincinnati funders, this program offers loans up to $10,000. These loans are to be interest-free and repaid within a 12-month period, with a repayment schedule that begins six months after receiving the loan. Organizations that fail to repay the loan on time will be ineligible for further support from ArtsWave for a year following repayment.