About Cultiva22. September 2015
Cultiva – Kristiansand Kommunes Energiverksstiftelse – was established 6. December 2000 by the Municipality of Kristiansand to ensure that a portion of the profits made from selling shares in Agder Energy Ltd. will be of lasting benefit to the community.
Cultiva (reg. no. 984 335 845) is organized as a public foundation and controls per 31.12.14 NOK 1,7 billion. The real return will be used for grants.
The objectives of the Foundation is to secure jobs and good living conditions in Kristiansand by providing grants to projects which set up art, cultural, and educational institutions or organisations that contribute to innovation, development and competence-building within the creative milieu of Kristiansand.
Our Board of trustees formulated in 2011 a new vision for the Foundation:
Kristiansand will become the leading city of culture for children in the Nordic countries. With this the city will become the best place for growing up and a city that children and their faimilies alike must visit.
The complete strategy document can is available here. Our annual budget for grants for 2015 is NOK 20 million, but we expect an increase in budgets up to NOK 40 million in 2017.