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Business News Management & Funding
Music Export Growth Scheme provides funding to internationally minded indie artists
By Andy Malt | Published on Thursday 20 February 2014
The Music Export Growth Scheme from UK Trade & Investment and the BPI has announced its first round of funding, selecting fourteen artists signed to small and mid-sized UK labels to receive financial support to promote their music overseas.
Selected from 188 applications, the artists to receive funding are:
• Afrikan Boy
• Beth Jeans Houghton
• Catfish And The Bottlemen
• Drenge
• Filthy Boy
• Fred V & Grafix
• George Benjamin
• Holy Mountain
• Melt Yourself Down
• Public Service Broadcasting
• The Crookes
• The Temperance Movement
• Throwing Snow
• Zara McFarlane
Announcing the latest round of funding, Trade Minister Lord Livingston said: “Last night’s BRIT Awards showed the depth of music talent in the UK and why we sell more records around the world than almost any other country. 50 years on from the Beatles arriving in the America, the Music Export Growth Scheme will give more talented young British artists the chance to be successful on the international stage. This scheme is just one of a number of ways UK Trade & Investment helps music businesses to get into the rhythm of exporting”.
BPI CEO, Geoff Taylor added: “The very strong response we’ve had to the Music Export Growth Scheme clearly demonstrates the demand from independent labels for support in boosting their exports. The quality of the applications was encouraging and I’m delighted that BPI can play a role in helping UK indie labels to grow their businesses overseas”.
The scheme, which was launched last October, will hand out £2.5 million over the course of two and a half years, helping smaller artists to take their music to the world. The deadline to apply for the next lump of money is 17 Mar. More details here.