From the fourth round seven AIM member labels secured MEGs funding out of total of 16 successful applicants.
The acts and their AIM member labels are:
- Andy Burrows (PIAS Recordings)
- FEMME (TAPE Music)
- Jo Hamilton (Poseiden)
- Kindness (Too Damn Funky)
- Steve Wilson (Snapper Music)
- Tom Vek (Moshi Moshi Music)
- Wild Beasts (Domino Recordings)
Commenting on the Music Export Growth Scheme, AIM Chairman, Alison Wenham said:
AIM members are taking full advantage of the Music Export Fund and the diversity of acts and companies successfully securing grant funding is very exciting for the UK’s thriving independent scene. We are delighted that almost 50% of the 60 recipients in the last year were AIM member labels or their artists and some have gone on to win prestigious awards: GHETTS (AIM Award winners), Young Fathers (Mercury Prize winners) and Zara McFarlane (BOBO Award winner).
Applications for the next round will open on Monday 17th November 2014. Full details of MEGA and how to apply can be found at:http://www.musicindie.com/MEGS
The Music Export Growth Scheme is overseen by UK Trade & Investment (UKTI), the Government organisation that supports UK business overseas, and the BPI with input from other industry organisations, MEGS offers small and medium-sized music companies with the potential to achieve increased international success, the opportunity to apply for grants.
The MEGS funding gives companies the opportunity to secure access to finance ranging from £5,000 to £50,000. These awards will support their marketing overseas and the promotion of specific artist releases. Applications are open to all UK independent record labels and music management companies meeting the application criteria. Decisions on individual awards are made by a panel of music industry experts from organisations including AIM, The Music Managers Forum (MMF), and The BPI among others.