British music export fund hits £2.4 million

British music export fund hits £2.4 million

A further 12 acts have benefited from the Government’s Music Exports Growth Scheme (MEGS). The total fund has now reached £2.4 million of support for 162 UK acts.

Ghostpoet, Jane Weaver and Public Service Broadcasting (pictured) are among the latest recipients. It follows the previous funding round in August.

The scheme, which is jointly run by the Department for International Trade (DIT) and the BPI, helps raise the international profile of developing British artists and their labels. Grants ranging from £5,000 to £50,000 are available to eligible companies providing an opportunity to up their profile in global markets and develop commercial opportunities. 

The Government is also partnering with AIM and the BPI on a trade mission to India in February 2018 to help connect music talent with record labels and talent scouts.

In the 10th round of MEGS funding, the following artists will receive grants: ALA.NI, Broken Witt Rebels, Bruno Major, Charlie Cunningham, Ghostpoet, Jane Weaver, Matthew Herbert, Public Service Broadcasting, ROAM, Shopping, The Wombats and Zervas & Pepper.

Minister for trade and export promotion, Baroness Rona Fairhead, said: “The UK is a world leader in music exports and recognised for its exceptional home-grown talent around the globe. Through the music exports scheme, we help to nurture the talent of the future to explore new global markets. As the Department for International Trade, we are launching a trade mission to India to connect music artists with investors in one of the world’s largest economies, ensuring the strengths of our creative industry sector reach audiences at home and abroad.”

Chris Tams, BPI director of international overseeing the MEGS programme, added: “The Music Exports Growth Scheme gives a diverse range of artists who have the talent, but not always the means to realise its full potential, the opportunity to grow their fanbase in key international markets.”

Obaro Ejimiwe, the artist known as Ghostpoet, said the money will “really help to make in-roads into mainland Europe”.

Public Service Broadcasting said: “On a limited budget such as ours (as is the case with almost every band in the independent sector, who need this kind of support), it really makes a difference. We'll carry on working hard at our end to justify the investment and make the most of the opportunity” 

author twitter FOLLOW Andre Paine


For more stories like this, and to keep up to date with all our market leading news, features and analysis, sign up to receive our daily Morning Briefing newsletter

subscribe link free-trial link

follow us...