a different bank for people who want a different world
social impact
Allendale Creative Arts CIC
Location: Allendale, Hexham, Northumberland
Loan Amount: £126,000
Date: March 2010
An independent community led social enterprise, Allendale CIC aims to provide affordable workspace for artists, and support the development of individuals and small businesses. With a £126,000 loan, the organisation was able to secure the funding it needed to develop a studio and gallery space, housing up to 14 creative businesses.