The music industry is one area of the global economy where the UK punches well above its weight, and the Government body tasked with furthering UK business interests overseas, UK Trade & Investment, announced on Wednesday night fourteen successful musical acts which will benefit from their Music Export Growth Scheme.
Hot on the heels of the BRIT Awards, UKTI announced the newest inductees to the scheme, designed to help independent record labels promote their artists overseas. The fourteen successful acts were chosen from 118 applicants, and will benefit from up to £2.5 million in grants over a two and a half year period. The scheme aims to further boost the UK’s stake in the global music industry to 13%, and is being is being run with assistance from the British Phonographic Industry.
Trade Minister Lord Livingston said:
“[The] BRIT Awards showed the depth of music talent in the UK and why we sell more records around the world than almost any other country.
“50 years on from the Beatles arriving in the America, the Music Export Growth Scheme will give more talented young British artists the chance to be successful on the international stage.
“This scheme is just one of a number of ways UK Trade and Investment helps music businesses to get into the rhythm of exporting.”
The independent musicians who are receiving grants under the scheme are:
- Afrikan Boy
- Beth Jeans Houghton
- Catfish and the Bottlemen
- Filthy Boy
- Fred V & Grafix
- George Benjamin
- Holy Mountain
- Melt Yourself Down
- Public Service Broadcasting
- The Crookes
- The Temperance Movement
- Throwing Snow
- Zara McFarlane
More details about the Music Export Growth Scheme can be found on the BPI website.