Cultural Microgrids, Inversión Cultural

Cultural Microgrids is a project in Puerto Rico, based on the premise that culture is important to the economic and social development of cities, and that artists, creative ventures, and cultural organizations should have a leading role in the process. The project seeks to strengthen individual cities’ cultural brands, develop long-term strategies, and support the initiatives that emerge from the process. It’s developed through Inversión Cultural, an organization that since 2008 has supported dozens of cultural ventures and initiatives in Puerto Rico through training, mentoring, and business consulting. The project has carried out studies on the economic impact of culture, contributed to the development of public policy for the creative industries and has incubated multiple companies through the Nido Cultural (Cultural Nest). It’s led by Javier Hernandez Acosta.

CultureBank Questions

Where – in what community – do you primarily do your work?

We work in the municipality of Caguas in Puerto Rico.

What gets you going each day and inspires your current work?

The possibility of more artists living directly from their cultural work.

When you work in your community, what are the most valuable assets of the community that you experience aside from real estate and money?

We consider cultural assets including peoples, places, traditions, celebrations, practices, and artistic manifestations the most valuable assets in communities.

How does your artistic practice inform and/or is integrated into your enterprise?

Our work with the cultural community is part of our mission of developing sustainable cultural economies.

What is the impact of your work on your community? Today? Over a long period of time?

Today, we are fostering collaboration between many parts of the cultural sector under one project. In the future, we will have built a sustainable cultural economy through collective entrepreneurship.

The Nitty Gritty

When was your organization or project founded?

April 2008

What is your staffing situation like?

Only two part-time staff members.

What is your annual budget?

Approximately $50,000.

How does your revenue break down?

50% - Consulting services to cultural ventures and organizations
50% - Funding for projects from proposals

Find out more about Cultural Microgrids:

www.inversioncultural.com

Emily ReynoldsPuerto Rico