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Money Map - Advice on access to finance in the music industry

Source: www.culture.gov.uk
Topic: Music Industry

Sort Desciption: Manchester City Music Network. Manchester City Music Network aims to help strengthen and develop infrastructure of the. independent music industry in ...

Content Inside: 1 DEPARTMENT FOR CULTURE, MEDIA AND SPORT MONEY MAP Advice on access to finance in the music industry 2 Contents: 1. Introduction 2. Government financial support and advice 3. National and Charitable funds 4. Regional Funding 5. EU funding 6. General Advice and Information 7. Finance Links 3 1. INTRODUCTION At the Department for Culture, Media and Sport, we know that raising finance for creative businesses can be a problem. Over 90% of music businesses are Small and Medium Enterprises and they often face distinct problems which can hinder their ability to grow. This ‘money map’ lists funding schemes that might be open to those businesses. It also includes information for a wide range of individuals and smaller organisations involved in music projects. For more information on arts funding in general you should look at DCMS’ Guide to Arts Funding in England which is available from DCMS’ website at http://www.culture.gov.uk/what_we_do/Arts/ funding_for_the_arts/ We want to keep this document up to date and would therefore welcome your feedback, including details of other relevant funding schemes you feel should be included: please contact Andrew.Thomas@culture.gsi.gov.uk or Marianne.Siponmaa@culture.gsi.gov.uk We hope you will find this document useful, and forward it to your contacts. 4 2. GOVERNMENT FINANCIAL SUPPORT AND ADVICE DCMS funds for music support are channelled through The Arts Council. To apply for funding, you can contact the Arts Council grants helpline on 0845 300 6100 or check the website where application forms are available: www.artscouncil.org.uk. For further possible avenues for funding you should also visit the National Lottery website at www.lotterygoodcauses.org.uk or phone the hotline on 0845 275 000 (for more information check Section 3) The main providers of finance for businesses are banks and financial institutions, but Government does occasionally provide some specific assistance ...

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