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Deadline approaches for UKTI and BPI’s Music Export Growth Scheme
By Chris Cooke | Published on Monday 11 November 2013
Record industry trade body the BPI this morning put out a call reminding independent music companies that they have week left to apply for grants under the previously reported Music Export Growth Scheme, the new UK Trade & Investment-funded initiative launched back in September.
The programme is aimed at SME music companies – including labels, publishers and management firms – that are working with artists who have already enjoyed commercial success in the UK, and who are now plotting global expansion. Grants from £5000 to £50,000 are available to fund international marketing campaigns that aim to expand audience and revenues for British artists overseas.
There will be various opportunities to apply to the scheme over the next three years, but the first deadline for applications is next Monday. A panel led by former IFPI boss John Kennedy and including reps from indie labels, the Music Managers Forum and the Association Of Independent Music will then select successful applicants before the end of the year.
More information and an application form are available here. The BPI has also published some FAQs based on questions asked since the scheme went live, which you can read of the CMU website here.
Commenting on the scheme today, BPI boss Geoff Taylor told CMU: “This scheme is a fantastic opportunity for British companies looking for that bit of extra help that might make all the difference when they are promoting their artists overseas, and I urge them to apply if they are eligible. Many of our smaller labels punch above their weight when it comes to discovering and nurturing great new music, but it can be a real challenge for them to translate UK achievements into international success given the high costs involved”.
