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Arts Council to launch new talent fund at The Great Escape today

By | Published on Friday 17 May 2013

Alan Davey

During a keynote speech at The Great Escape in Brighton later today, Alan Davey, the boss of Arts Council England, will officially launched the Momentum Music Fund, which will make half a million available to help develop the careers of artists and bands. Grants of £5000 to £15,000 will be available via the scheme, which will be run by PRS For Music Foundation.

Commenting on the launch, Davey told CMU: “It’s great to be launching Momentum at The Great Escape in partnership with PRS For Music Foundation. We look forward to supporting them to deliver this small grants scheme which is responsive to the needs of artists in this fast paced and ever changing industry. It is vital that talented musicians and bands have opportunities to access the kind of support that ensures their talent can find its way and flourish. As well as supporting some great artists over the next two years I hope that our experience of this fund will provide us with a clearer understanding of how we can best support artists in this area to fulfil their potential and reach the audiences they deserve”.

Meanwhile Foundation chief Vanessa Reed added: “Momentum is a breakthrough moment for music in England, where it’s now harder than in many other parts of the world for talented artists to access finance. It’s entirely fitting that today’s announcement is being made at The Great Escape where we’re surrounded by exactly the kind of artists and bands that this fund is designed for. I hope that many of them will enter the application process and use this opportunity to drive their career to the next level”.

There will be a number of panels on day two of The Great Escape convention looking at funding and finance, including an interview with Remi Harris about a new research report on access to finance she is authoring for MusicTank, and a panel exploring how government-funded initiatives in music talent development have worked in other countries.