Province and Creative BC announce $3.8 million in funding for music industry | iNFOnews | Thompson-Okanagan's News Source

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Province and Creative BC announce $3.8 million in funding for music industry

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December 21, 2016 - 8:51 AM

1.     LIVE MUSIC PROGRAM
$2.5 million has been dedicated to support the Live Music program.  B.C. based festivals, venues, live music presenters and event producers can apply for funding aimed at increasing the number of live music performances within the province. Funding will support business development activities that directly contribute to the growth and sustainability of live music events, such as infrastructure improvements, new marketing initiatives and strategy development. The deadline for the first program intake is February 1, 2017 with a second intake in June 2017.

2.     NEW INDUSTRY INITIATIVES PROGRAM
$1 million will be provided for the new Industry Initiatives program which will support industry events and export activities, including industry conferences, trade missions, and collaborative export marketing, to further grow and showcase B.C.’s music industry.  Funding will also support training activities that will further develop the business knowledge of artist-entrepreneurs and industry professionals.

3.     RESEARCH PROGRAM
$300,000 will be allocated toward Research program funding and will support projects that increase knowledge and inform the growth, evolution and innovation of British Columbia’s diverse and distinct music sector. This includes data collection on economic impact, development of new products, researching export opportunities to new markets, consumer behaviour research, feasibility studies for new initiatives within the music industry, and other research.
Eligible applicants for the Industry Initiatives and the Research programs include industry associations and business collaborations. Applications for these two programs will be accepted on a rolling intake until funds have been allocated.

ADDITIONAL PROGRAMS TO BE ROLLED OUT
From January through March, the BC Music Fund will launch additional programs to support B.C.’s diverse music industry.
In total, the fund will support seven programs, including
1.     Sound Recording,
2.     Live Music,
3.     Industry Initiatives,
4.     Research,
5.     Careers of B.C. Artists,
6.     Music Company Development,
7.     Innovation.

The BC Music Fund is hosting a series of public regional outreach meetings to share information about new programs and build relationships with music industry partners across British Columbia.  Meetings will be held in Victoria, Nanaimo, Kelowna, Prince George, Smithers, Nelson and Merritt in January and February 2017.
For information, please visit www.bcmusicfund.com.
Link to Newsletter with full Press Releases and links to applications http://us13.campaign-archive2.com/?u=31d123cddd69e5a8cf8f076c1&id=52ca1fb5bf&e=a02820ce85

Quick Facts:
·       B.C. has the third-largest concentration of independent labels, sound recording studios and other music businesses in Canada.
·       B.C.’s music industry includes over 80 independent record labels, 123 sound recording studios and hundreds of music publishers, managers, talent agencies, marketing and other businesses that support the development and delivery of music.
·       There are more than 6,400 artists in BC:  these include 600 conductors, composers or arrangers and 5,825 musicians or singers.
·       B.C.’s music industry contributed over $400 million in revenue to the provincial economy.
·       The industry generates revenue from multiple streams that include record label production and sound recording ($52.7 million) live music performances ($87.8 million), music publishing ($13.7 million) and artist income ($255 million).

Connect with us:
To apply for funding from the BC Music Fund, please visit: www.bcmusicfund.com
For information on BC Music Fund Regional Information sessions: http://ow.ly/jYtX307ad6u
To find out more about Creative BC, please visit: www.creativebc.com
To find out more about Music BC, please visit: www.musicbc.org
Twitter: #BCMusicFund / @BCMusicFund  /  @CreativeBCs / @MusicBC  / @BCGovNews
Facebook: /creativebcs
Instagram: @creativebcs


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