Easy Money? The Definitive UK Guide To Funding Music Projects by Remi Harris, 2013
25 Sep 2013
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Easy Money? The Definitive UK Guide To Funding Music Projects – on sale from today!
26th September, London: MusicTank today published its 6th industry report. Written by Remi Harris (formerly UK Music AIM) Easy Money? lists over 100 different funders of music across the six main sources of money – grants, crowdfunding, friends & family, loans, investment and sponsorship.
The guide is packed with tips and tricks from a range of providers and includes case studies from several artists and entrepreneurs – including End of the Road festival’s Sofia Hagberg, Red Grape Management and Carl Barât.
Despite the received wisdom being that music companies should be looking for investors rather than debt finance, Easy Money? reveals that only about 1% of all pitches to investment houses receive funding. Grant funding rates are considerably higher, yet even there, a large proportion of applications fail to meet the eligibility criteria. Several other myths are busted, including the notion that crowdfunding has peaked.
The guide’s plain-speaking tone demystifies how funding works for musicians, entrepreneurs and micro-businesses, helping them discover sources of money they were previously unaware or unsure of.
“Investment in British creative talent is at a critical juncture. As our nation struggles to move investment focus away from industrial concerns to internet-driven, knowledge-based youth enterprise, this publication is significant in both its timing and content. British music is a leading light in the creative field, a rare export jewel. Investment in music talent will define whether this sector will grow or decline; it’s as simple as that. ‘Easy Money?’ will prove a useful tool in helping us push towards the hoped-for outcome.”
Brian Message, ATC Management and Chairman, MMF
“Artists and small music companies have more control than ever, but navigating the world of funding and finance is a daunting task. The attention to detail, pertinent case studies and practical advice in Remi’s comprehensive guide make this essential reading for the DIY sector.”
Joe Frankland, Artist Development Manager, Generator
Separately, MusicTank’s follow-up funding convention, taking place Tuesday 22nd October, has confirmed the first presentations and workshops, from PRS for Music Foundation with their Momentum Music Fund and BPI for UKTI’s Music Export Growth Scheme.
Aimed at musicians, entrepreneurs, micro-businesses & SMEs, Easy Money? The Convention will see London’s Somerset House host a hotbed of workshops, presentations, and Q & A sessions provide delegates with the tools and contacts necessary to get their projects off the ground.
A combined Finance Convention early bird ticket (£99 and Easy Money? finance guide can be bought together for just £125, before 3rd October, here