South African Cultural Observatory

Monitoring and Evaluation: Economic Impact Calculator Training - 5 September 2017 - Registration is now closed

05 SEP 2017 - 05 SEP 2017


Category: Workshop
Region: Western Cape
Town: Cape Town
Cover Charge: Free of Charge 08:30 - 16:30
Contact Details: For more information contact the South African Cultural Observatory on 041 504 4930 or
Booking Details: Kindly confirm your attendance via the online registration form. Please note: Only registrations completed and confirmed via the SACO website will be permitted entry to the workshop. Should you be unable to attend the workshop, kindly inform the SACO organising committee on (041) 504 4930, prior to the event in order to allow for catering adjustments or for another delegate to take up the opportunity to attend.


Both nationally and internationally, there is a growing acknowledgement of the important role that arts, culture and heritage play in economic growth and development. Economic impact studies are a powerful way of demonstrating the financial benefits of hosting cultural festivals and events and can be effective in communicating the value of the event to funders, local residents and other stakeholders. However, the methods used need to be valid and based on realistic, verifiable data. Economic impact studies can also be expensive.

The South African Cultural Observatory has developed the South African Festivals Economic Impact Calculator (SAFEIC), which is a free online economic impact tool specifically to estimate the economic impact of a festival on a host economy. It has been carefully, and conservatively, designed by and international team of university economists so as to produce results that are as reliable and valid as possible for a wide range of events.


Venue Name: Iziko South African Museum
Street Address: 71 Wale Street,
Cape Town
This is an official South African Cultural Observatory event.
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