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BIMM have global plans thanks to investment
By CMU Editorial | Published on Monday 9 August 2010
The Brighton Institute of Modern Music has secured £10 million in investment from a venture capital outfit called Sovereign Capital. The investment is part of the Institute’s ambition to grow internationally. They currently have bases in Brighton and Bristol.
Confirming the investment, former V2 A&R director Kevin Nixon, one of the Institutes founders and directors, told Music Week: “We have worked very hard making BIMM a success and look forward to developing the college even further based on our original principles. The BIMM ethos will continue and with this investment, we can help more young musicians navigate the music business. From day one, we always felt that BIMM had international potential and this deal is all about unlocking that potential and turning BIMM into a worldwide brand”.
