Under the name “Kunst Aan Zet” (Art To Move), the Flemish government is launching an interest-free loan scheme to purchase contemporary art from Flemish and Brussels artists. The interest-free art loan, will enable the public to purchase a work from an artist or designer who lives and works in Flanders or Brussels. An amount of €500 to €7000 can be borrowed interest-free, spread over a maximum period of 2 years. Similar supportive loan formats are already available in the Netherlands and UK providing a boost in the sale of contemporary art and design. The start of the pilot project in Flanders and Brussels is planned for September 2019
Kunst Aan Zet aims to improve the accessibility of contemporary art. Research in the context of the project shows that many prejudices about the art market create a threshold for the general public. The gallery owners involved confirmed the need for a joint initiative to encourage art lovers to explore contemporary art and encourage them to purchase a work of art, and in turn, strengthen the position of artists and designers.
In the initial phase, around twenty art galleries have been selected to offer the loan, with the aim of involving sixty galleries in the long term. This initiative is supported by Kunst in Huis vzw, who are responsible for coordination and promotion, and Hefboom cvba, who will provide the loan finance.
Link to an article with more information (in Dutch).