Council Proposes Feasibility Work With PNAQL for Creative Fund

Mass Cultural Council recommended a $25,000 FY27 investment with fund infrastructure partner PNAQL to design a Massachusetts Creative Wealth Fund, including governance, legal structure, and investment framework for a public–private vehicle to support the creative economy.

Document date · August 21, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$25,000

Contract type

FINANCIAL_SERVICES

Contract term

FY27 feasibility and design year

Renewal date

2027-06-30

Renewal

Feasibility and design work in FY27 is intended to lead to launching an initial fund for deployment in FY28, subject to positive findings.

Document type

AgendaPacket

Source document

Mass Cultural Council AgendaPacket Advancement Committee Meeting 2026-08-21

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Mass Cultural Council Council Meeting Book 2026-08-27

APPROVED

Massachusetts Cultural Council, Massachusetts$25,000Aug 27, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Massachusetts Cultural Council?

PNAQL was awarded this financial services contract by Massachusetts Cultural Council, as recorded on August 21, 2026. The contract value is $25,000.

How much is the PNAQL contract with Massachusetts Cultural Council worth?

The PNAQL contract with Massachusetts Cultural Council is valued at $25,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Mass Cultural Council AgendaPacket Advancement Committee Meeting 2026-08-21 (AgendaPacket), dated August 21, 2026 from Massachusetts Cultural Council. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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