In the midst of coronavirus emergency, the Community of Madrid allocates 500 thousand euros for art acquisitions: help for the sector

The Department of Culture of the Autonomous Community of Madrid has launched a 500,000-euro art acquisition plan: the project will be used to help artists and galleries in the days of the pandemic emergency. This is an extraordinary endowment that will aim to stimulate a sector heavily affected by the coronavirus crisis. The plan will start with a communication campaign aimed at Madrid galleries and non-represented artists, who will be able to submit acquisition bids, and a specially formed committee will evaluate the bids and propose works to be bought. The works will go to the collection of CA2M - Centro de Arte Dos se Mayo, a contemporary art center in Madrid that to date has a collection of two thousand pieces.

To these works are then added those that Madrid has already acquired this year (valued at almost 230 thousand euros), and considering also the prizes that will be awarded in the fall, this year the Community will acquire works with a total value of about 800 thousand euros, which according to the Department is the highest sum ever spent on acquisitions since the contemporary art collection of the Autonomous Community of Madrid was born.

“The Department of Culture and Tourism,” Councillor Marta Rivera de la Cruz told ABC magazine, “is following with concern the exceptional situation that our country is going through because of Covid-19, which is also affecting the activities and production capacity of the culture sector,” made up of professionals who “often constitute the weakest element.” Hence the idea of an extraordinary acquisition plan. “The Department team,” Rivera de la Cruz then concluded, “continues to work to launch proposals to help all sectors of the cultural ecosystem in the Community of Madrid: we have been in contact with its representatives since the crisis began.”

Pictured: an exhibition at CA2M

In the midst of coronavirus emergency, the Community of Madrid allocates 500 thousand euros for art acquisitions: help for the sector

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