An independent study conducted by SGS Economics and Planning in 2012 investigating the social and economic benefits of Renew Newcastle confirms what experience has already shown.
Creative space activation creates new jobs, develops participant’s skills, engages volunteers, creates intellectual capital, mitigates blight and improves business and community confidence and regional brand value.
The study determined that Renew Newcastle yields a return on investment of more than 10:1. And this excludes the value of the creative output resulting from the projects involved. The report stated:
“enabling creatives’ and entrepreneurs to play a leadership role in our built environment grows the social environmental and economic base of a place. Economic analysis identifies a return on investment – a benefit cost ratio – of more than 10:1”.
That is, for every dollar invested in the program through grants and philanthropy, the Renew Newcastle program of activity generates an impressive ten-times that in economic benefit to the city.
Renew Newcastle is a not for profit initiative that is dependent on support from public and private sector partners in order to succeed. Renew Newcastle is on the Register of Cultural Organisations and a Deductible Gift Recipient
Donations of $2 and over to the Renew Newcastle Public Fund are Tax Deductible.
Thank you for your support!
STEP 1. Choose your Method of Payment:
Cheque payable to ‘Renew Newcastle Limited’ & posted to PO Box 1746 Newcastle NSW 2300 AUSTRALIA
Direct Deposit at any Newcastle Permanent Building Society Branch
BSB: 650 300 Acct: 98667 7201 Acct Name: Renew Newcastle Limited
STEP 2. Complete the Donation Form:
We love being able to acknowledge our supporters in the community. Please use this online Donation Form to advise us of your donation.
Donations of $2 and over to the Renew Newcastle Public Fund are Tax Deductible. Use the Donation Form to provide details for the Tax Receipt.
Donate Props and Equipment
You can contribute by donating to our store of props and resources to use when setting up new shops and galleries, exhibitions or special events. Paint, furniture and vintage odds and ends could really help us out! All the details about what we are looking for and how to donate are here.
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