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Arts Council open £500,000 fund for aspiring musicians

Posted on Monday, 20 May by

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Budding musicians are set to be given a boost by news that The Arts Council England has launched a new £500,000 fund to help the careers of aspiring bands and artists.

The Momentum Music Fund, managed by the PRS for Music Foundation and part-funded by the National Lottery, will award individual grants of £5,000 – £15,000 to between 50 – 75 new artists over the next two years. The money will only go to acts with a solid footing and who provide a “clear business case for support”.

The musicians will also need to be established in their respective local scenes. The grant, which will not need to be repaid, can be used to provide artists with the ability to record a debut album, buy new instruments or equip themselves for a nationwide tour. If acts aren’t working independently, record labels, managers or publishers can apply on their behalf.

The announcement was made at the The Great Escape Festival in Brighton, famed for uncovering the next generation of new music, and Vanessa Reed, Executive Director of PRS for Music Foundation said: “Momentum is a breakthrough moment for music in England, where it’s now harder than in many other parts of the world for talented artists to access finance.

“It’s entirely fitting that today’s announcement is being made at The Great Escape where we’re surrounded by exactly the kind of artists and bands that this fund is designed for.”

For more on how you can apply for funding, go to www.prsformusicfoundation.com.

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Corey Pellatt
22-year-old editor of SQ Magazine and Media Studies student at the University of Sussex. Freelance writer for clients including BHAFC.

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