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Liverpool Business Improvement District (BID) has shared details of a new arts and culture fund it is making available to organisations in the city.

The funding programme, called the Liverpool BID Arts & Culture Fund, will offer small grants of less than £5,000 covering 100% of project costs and a larger grant which can cover up to 50% of total project costs.

Museums, galleries, libraries and festivals are among those being invited to apply for funding for projects that promote and showcase the city.

Liverpool BID says eligible projects should align with its objectives, which include driving footfall to the city centre, improving the city perspective, showing innovation and helping to showcase Liverpool as a thriving city.

Applications for the first round are open until 27 March, with a second round scheduled for September.

"We have a long commitment to arts and culture in Liverpool and this fund is the next logical step, especially when the public purse is under so much pressure," Liverpool BID Chief Executive Officer Bill Addy said.

"Alongside the public art we have supported, we hope that this fund can support those who want to bring even more colour and creativity to the city centre."