Music acts hit the high notes with government support
BRITISH music companies behind some of the UK’s most hotly-tipped artists are to receive government funding to support the promotion of the nation’s music around the world.
Five piece hard rock band Black Moth and UK festivals favourites Hadouken, both from Leeds, are amongst the artists signed to independent labels who will benefit from funding being made available through the Music Export Growth Scheme.
The Music Export Growth Scheme has been established by UK Trade & Investment (UKTI) and the BPI (British Recorded Music Industry) to help small and medium-sized independent music companies increase international sales.
Black Moth has been signed to London-based New Heavy Sounds, and will be touring with London based Antlered Man also signed with the label. Hadouken has been signed to ATC Management in London.
UKTI chief executive Dominic Jermey said: “Through the Music Export Growth Scheme we are helping a new generation of upcoming British talent to capitalise on this success and make their mark in countries around the world, bringing jobs and growth to the UK economy.
“I am pleased that acts who we have already supported such as Public Service Broadcasting and the Crookes are really benefitting from our support and growing their international fan base.”
Just over £250,000 will be provided to independent music companies representing artists who span a cross-section of genres including alternative/rock, electropop, dance, hip hop and soul music.
The financial assistance has been provided by UKTI and forms part of efforts to get another 100,000 businesses small and medium-sized businesses exporting. The creative industries have been identified as one of the fastest-growing sectors of the UK economy with the music industry contributing £3.5m to the Exchequer per year.
