A crowd funding campaign has officially begun for the new hub - aimed at promoting and showcasing local goods and services - that could see a multi-purpose art space opened in Ballarat's CBD by summer.

Co-founder of The Arts Revolution Collective hub, tattoo artist Astrid Thiebault, said the idea of the hub was to provide opportunities for young artists who are unable to afford an outlet space on their own.

Ms Thiebault said the idea for the multi-purpose space was inspired by a conversation with another young artist who had fears about opening their own business.

“After that I thought how can you show people it's not scary,” she said.

She said the concept would allow artists to rent a space in the hub for a period of time to help them determine if it was something they wanted to do on a permanent basis.

“They could come and set up for one day, a week or a month,” Ms Thiebault said.

“We've already got a lot of equipment so they don't have to fork out anything for that.  You can come along and try for a week, make no money and realise it's not for you. 

“It's about taking that risk away. No one is excluded from making something for themselves.”

As part of the plan for the hub, Ms Thiebault said the space would be designed around a cafe with multiple studios, workspaces and multi-purpose rooms to accommodate artists such as graphic designers, dress makers, chefs and dancers.

Ms Thiebault said it was estimated there is potential for 50 jobs to be created from the space as well as contributing to the local economy.

“It will be a great tourist attraction, it will be a colourful place to come visit and will bring money into the economy,” she said.

“Ballarat has so many artists, it will be wonderful to showcase that to tourists. They will all be original artists, so people will be able to talk directly with the people who make the products.

“And not a single person will profit from someone else's hard work.”

Two thousand dollars has already been raised through the crowd funding effort with a target of $15,000 required to rent a space for the hub.

Ms Thiebault encouraged the Ballarat community to get behind the idea and support the future of art in Ballarat. 

For more information visit artscollective.space or to financially support the hub visit http://www.pozible.com/project/197103