Detailed guidance for Transition Funding is being finalised and will be published by the end of November 2024. Transition Funding aims to be made available, where appropriate, to organisations currently in receipt of repeat funding from Creative Scotland but who are unsuccessful in their application for Multi-Year Funding.
We expect that this will not only be limited to RFOs and will be available to other organisations who have received repeat funding since 2022 through other funds.
At this stage, until our budget is confirmed, and we can conclude the MYF process, we cannot accurately predict how many organisations will require Transition Support and so we continue to protect up to £11million in reserves for this purpose.