The London Centre for Arts and Cultural Exchange (LCACE) is a university initiative promoting the exchange of knowledge and expertise with the capital's arts and cultural sectors. The initiative was formed in 2004 to encourage collaboration between its partner universities and London's arts and cultural sectors. LCACE was initially funded from the Higher Education Funding Council of England's HEIF 2 Fund (Higher Education Innovation Fund). The initiative is based at Somerset House and aims to produce networking and information-based events to highlight formal Knowledge transfer initiatives such as those supported by the Arts and Humanities Research Council.