This funding will take the form of small grants to cover participation fees for artists, with an additional contribution to venues based on the number of live, in-person events they are hosting at the festival, which runs until 31st October (with some events continuing on until 9th November).
Jamie Arnell, Trustee of The Pebble Trust and Chair of the Brighton Fringe board said:
"We can easily forget how lucky we are to have such a stubbornly optimistic arts community in our city.
"The way we see it: you can get too much of Netflix, but you can never get enough of the Fringe!
"Thanks so much to those who have taken the plunge and entertained us this autumn."
The Brighton Fringe 2020: Autumn Season is running with many events still to enjoy, both online and offline.
You can also enjoy Brighton Fringe from the comfort of your own sofa with 30 digital events available to watch over the next week and a half.
This includes Brighton Ceilidh Collective's Halloween-themed virtual ceilidh on 31 October, a telling and retelling of a suburban murder story performed to Max Richter's musical re-compositions of Vivaldi's Four Seasons in A Murder Story, Retold and We, The Lost Company, a physical theatre piece inspired by acclaimed Australian artist Brett Whiteley"s beach paintings.