The total three-year budget for Multi-Year Funding is £207.8million, broken down as:
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Year 1 (2025/26): £59.8m
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Year 2 (2026/27): £74m
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Year 3 (2027/28): £74m
This staged budget with an increased award from Year 2 onwards is fixed, does not allow Creative Scotland to move money between the years (i.e. money cannot be pulled forward from a later-year budget nor deferred from an earlier year). All funds must be allocated and paid to the awardees by Creative Scotland within the relevant financial year.
Please note, the award levels for Year 2 and 3 are indicative and subject to Scottish Government budget confirmation which generally takes place towards the end of the preceding financial year.