Today, the Arts Council have announced their new approach to Renaissance.
The key elements are:
1) The core museum status planned by the MLA is to be replaced by a major grants programme. This will be open to museums, through an open application procedure. It will operate as a similar model to the national portfolio scheme, which the Arts Council already manages.
2) A challenge fund, to which museums can apply for specific funding streams.
3) £3 million investment in museum development. The Arts Council will complete the work the MLA had commenced to strengthen the infrastructure for museum development.
Further information about all these areas will be released in September. The full press release can be viewed at http://bit.ly/qTY2oz