AIM & Digital Catapult’s Independent Music Technology Accelerator is the home of a collaborative community of music and tech entrepreneurs, sharing knowledge to help achieve better outcomes for next-gen platforms, applications and technologies for music.
AIM (Association of Independent Music) represents over 600 independent record labels and music companies and represent artists as diverse as Adele and Arctic Monkeys, Bjork and Bonobo, Sampha and Public Service Broadcasting, a hotbed of British talent, defining and shaping culture globally.
Digital Catapult is the UK’s government-funded creative technology accelerator, whose mission is to identify and support emergent technologies that have the potential to transform our landscapes.
Together, we will be bridging the gap between the AIM community’s digital and commercial expertise and the most exciting cutting-edge music/tech start-ups.
AIM runs the UK’s biggest digital music conference, Music Connected, providing a forum for AIM’s Digital Committee, consisting of the leaders of Digital Strategy and Development throughout the AIM community to meet and set the agenda for driving digital strategy for the independent music sector.
A key issue for the future of the independent music community is that not enough fledgling tech firms get traction within the digital music services market because they don’t get early stage, meaningful, engagement with innovative music experts. AIM and the Digital Catapult are perfectly positioned to bring these two sets of entrepreneurs together into one community.
Through the partnership with Digital Catapult, AIM’s Digital Committee will meet each quarter to drive this agenda and will have the opportunity to work alongside key tech start-ups to guide and influence new tech to help our community, and the start-ups will get insight in how to be market-ready faster.
The project commenced in June 2017 and will, over the coming months at its quarterly meeting receive presentations from and hold idea-sharing sessions with recommended start-ups. Through this collaborative process a list of proposed projects and pilots and un-filled needs of the community will be identified and, in the third quarter of the 2018 these project and pilots will be shortlisted and the committee will vote on the most viable to take them forward to fruition over the following year.
The ‘Friends of AIM’ scheme has already attracted 20-30 relevant tech companies and the AIM team meets new companies on a weekly basis, which alongside the Digital Catapult network will provide a sizable initial pool of start-ups to engage in the project.
AIM and Digital Catapult are in the process of setting up a draw-down fund progress the ‘winning’ projects and pilot schemes identified by the Digital Committee.
We are seeking further funds from interested parties. The bigger the fund, the more ground-breaking projects can be funded and the more likely the project are to break into the market and be a success!
Contributions must be at least £2,500 and in return for your contribution you will receive:
- An annual insights report from AIM & Digital Catapult produced by an academic partner
- Updates on the work of the programme, giving you knowledge of projects a year ahead of them going to market.
- Invitations to the quarterly Music-Tech Mixer hosted at Digital Catapult and an annual drinks reception with the AIM Digital Committee and the ‘winning’ startups from the project.
- Publicity of your contribution within the AIM community in all our marketing and comms to the independent music community.
- The opportunity to invest in the future of technology that will shape music and culture.
Sign up below to register your interest along with the level of contribution you intend to make and we will contact you once the fund is in place.
Your support and interest are greatly appreciated and we look forward to taking you with us on this journey to become the hub of music-tech innovation.
AIM is not authorised by the Financial Services Authority under the Financial Services and Markets Act 2000 (FSMA). Any advice given by or services carried out by AIM shall not be construed as being advice on the merits of making or disposing of any investment or as an invitation or inducement to engage in any investment activity.