The Piccard Fund is a funding initiative from V2_ dedicated to support artistic research, residencies for promising talents, and art & design projects that will largely be realized by and at V2_. The fund functions as a financial conduit from the commercial sector and be managed as an endowment.
Our intentions with setting up the Piccard Fund are twofold:
1. We want to create a new, stable, and continuous source of income, supported by philanthropic companies, for V2_ and its activities.
2. The fund wants to stimulate young artists and designers by providing resources for research and production. It’ll support early stage projects that later might be realized at V2_ or at a partner in its international network of art labs and universities.
About the fund
We think it’s essential for V2_to have a ‘diversified portfolio’ of funding sources. Our government subsidies and foundation grants have been sharply reduced in the last years. This has created a huge gap in the V2_funding budget and forced the institute to reduce its activities, especially the talent development programs. Our goal with the Piccard Fund is to supplement these sources, providing stability and continuity during economic up and down cycles.
The Piccard Fund will be set up as an endowment, where a reserve of funds is built up in the beginning, and this capital is maintained over time. Part of the capital will be released each season but the outflow should be restored by income from yearly fundraising activities such as the Piccard Day (see below).
The endowment fund will have a classic structure including a board that oversees its operations. The fund will also function as a community and business network, relying on its contributors for guidance and steering. We will also create opportunities for ad hoc participation, where members of the fund can become active partners in specific projects.
If you have any personal connections that you think may be interested in participating, either with a donation or some other form of contribution, please let us know.
If you like to contribute and support the Piccard fund we will gladly email you the bank information, all small and big contributions are more then welcome!
The Piccard Day
The Piccard Day is a special event for companies and organizations that focus on innovation and creativity, where experts, researchers, and creators from the business world come into contact with designers, artists, hackers, and other inventive minds. The mission is to hold a Piccard Day annually.