Private Sector and the Convention
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The Convention encourages the active participation of the private sector in its implementation and stresses the development of partnerships between and within the public and private sectors and non-profit organizations.
Emphasizing the further development of infrastructure, human resources and policies, the private sector can:
- In the case of banks and lending institutions, facilitate and support the access of micro, small- and medium-sized enterprises, cultural industries, artists, professionals, practitioners of the cultural sector, to sources of funding through:
- Low-interest loans;
- Guarantee funds, microcredit;
- Technical assistance, etc.
- In the case of cultural SMEs:
- Reinforce and engage in cross-sector partnerships that help to bring cultural goods, services and activities to regional and international markets;
- Build networks to create and nurture local, national and regional markets;
- Access assistance to promote the flow of cultural goods and services and cultural exchanges;
- Link day-to-day business activities to strengthening the production cycle, creating conditions that optimize the creation, production, distribution and consumption of cultural goods and services.
- In the case of more established cultural enterprises:
- contribute to the International Fund for Cultural Diversity.
The private sector is less frequently involved in the implementation of policies and programmes related to the diversity of cultural expressions. Whilst a few instances of collaboration with small and medium enterprises and entrepreneurship networks can be observed, larger groups or conglomerates in the cultural industry are seldom visible – this remains a pending issue for the future implementation and effectiveness of the 2005 Convention.