The Music Growth Fund is open to organisations and businesses working in the music industry that are either:
- Micro entities, small companies or medium sized companies as defined by the Companies Act 2006
- Sole-traders
- UK registered charities, CICs, or other not for profit organisations operating on a non-distribution basis (reinvesting any profit or surplus into their social, cultural or charitable objectives)
- Consortia, where a lead applicant meets the eligibility criteria and submits the application on behalf of the group.
All applicants must:
- Be based in the UK.
- Have a UK bank account in the same name used for the application (organisations must have two authorised signatories).
- Have an accountable person aged 18 or over.
- If a limited company or registered charity, have a registered office in the UK.
The Music Growth Fund is exclusively open to the following applicant types, working in all genres of new music:
- Music festivals
- Music promoters
- Music managers
- Record labels
- Recording studios
- Rehearsal spaces
- Music publishers
- Grassroots music venues
It is also open to the following music industry organisations:
- Established Sector bodies
- Sector support organisations – please note that sector support organisations must obtain permission to apply before submitting an application.