The Music Export Growth Scheme (MEGS) is back with a fresh round of funding.
Backed by the Department for Business and Trade and the Department for Culture, Media and Sport, MEGS has already invested funding of £7.6 million, helping more than 450 British artists in global markets.
From today (December 3), £1.6 million is available for new, independent UK artists for international activity. Previous recipients include Dave, Young Fathers, Ezra Collective, Wolf Alice and many more.
Business and Trade Secretary Peter Kyle (pictured) said: “Our first-class music industry is already the envy of the world, but we are pushing to make it even bigger, giving artists the tools to go global and export to all corners of the globe. By helping artists break into new markets, we’re amplifying British creativity and driving growth for the entire music industry.”
As part of the latest round of funding, eligibility criteria have been strengthened to ensure the scheme remains the “gold-standard” for supporting talent by improving the programme’s due diligence processes.
The scheme administered by the BPI supports music companies to deliver high-quality marketing and promotion campaigns for their artists to tour abroad. It will also help the artists in attracting new fans, boosting touring opportunities and revenue.
UK-based music companies can apply for grants of £5,000 to £50,000 to support international marketing, touring and promotional campaigns. The deadline for submissions is December 15.
There have been 23 rounds of MEGS funding to date – generating £73.5 million in returns.
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