At The Great Escape’s convention last Friday a brand new Arts Council-backed fund was announced, which plans to inject around £500,000 of money into the music industry through grants offered up to bands and artists.
The Momentum Music Fund plans to roll out grants of between £5,000-£15,000 to around 50-75 acts over the next two years. The fund is keeping things pleasingly broad on making the money available to all stratas of popular music – although acts will need to be able to lay out a business plan and be at an appropriate stage in their career.
If you’re a budding musician or band then head to PRS for Music Foundation’s site for more information on how to apply for Momentum. Good luck!