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Emerging UK musicians to benefit from £2.8m scheme to break into overseas markets

Laura  Barnes
Emerging UK musicians to benefit from £2.8m scheme to break into overseas markets

Young musicians in the UK are set to benefit from the relaunch of the Music Export Growth Scheme (MEGS).

According to MI Pro sister title Music Week, the Department for International Trade and BPI have brought the scheme back and injected £2.8 million into it.

MEGS will support independent music companies, labels, distributors and management companies as they help musicians break into overseas markets.

Small and medium sized music companies will be eligible for grants ranging from £5,000 to £50,000 delivered through the Exporting is GREAT campaign and operated through the BPI.
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The MEGS campaign has been relaunched after helping artists such as Young Fathers and Catfish and the Bottlemen by distributing more than £1.6m in grants between January 2014-March 2016.

Funding will be available until 2020, with the first round of nominations open from today (October 10th).

Application forms are available through the BPI website and the deadline for initial applications is November 7th.

Read more about the news over at Music Week.

Tags: bpi , music week , MEGS , Music Export Growth Scheme , Department of International Trade

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