The Heritage Lottery Fund (HLF) has awarded grants totalling more than £12m to 66 organisations as part of the Catalyst programme, which aims to help cultural bodies diversify their income streams.

Thirteen organisations have been awarded match-funded grants totalling £8.5m under the Catalyst: Endowments strand.

Successful organisations include the National Horseracing Museum in Newmarket (£1m) and the Watts Gallery Trust in Guildford (£500,000).

The HLF also announced initial support worth £3.5m for nine organisations as part of the Catalyst: Capacity Building scheme.

A further 44 organisations received grants of between £3,000 and £10,000 to develop fundraising capacity.