Cultural Microgrids, Inversión Cultural

Cultural Microgrids is a project based on the importance of culture in the economic and social development of cities and the importance of artists, projects, creative ventures and cultural entities having a leading role in these processes. The project seeks to strengthen cities’ cultural brand, develop a long-term strategy and support strategic initiatives that emerge from the process. It’s developed through Inversión Cultural, an entity that since 2008 has supported dozens of cultural ventures and initiatives 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?

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 y artistic manifestations.

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 is fostering collaboration between the cultural sector under one project. in the future will be 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 resources.

What is your annual budget?

Approx. 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