Grassroots music venues to be saved by government cash
The first tranche of funding from the Government’s £1.57 billion
cultural recovery package will be used to save around 150
grassroots music venues from insolvency, Culture Secretary Oliver
Dowden has announced today. The £2.25 million of emergency funding
will be used to support venues at imminent risk of collapse and it
is expected to benefit up to 150 venues across the...Request free trial
The first tranche of funding from the Government’s £1.57 billion cultural recovery package will be used to save around 150 grassroots music venues from insolvency, Culture Secretary Oliver Dowden has announced today. The £2.25 million of emergency funding will be used to support venues at imminent risk of collapse and it is expected to benefit up to 150 venues across the country. The £1.57 billion package - the largest ever government investment in UK culture - announced earlier this month will be used to help support the performing arts and theatres, museums, heritage, galleries, independent cinemas and live music venues through the impact of the coronavirus pandemic. Culture Secretary Oliver Dowden said:
Darren Henley, Chief Executive of Arts Council England, said:
This package of support will be administered by Arts Council England (ACE) and will target music venues, including a number identified by the Music Venues Trust, that are at severe risk of insolvency. The funding will provide grants of up to £80,000 to help venues survive the next few months The funding will be used to cover essential on-going costs for venues including rent, utilities, maintenance contracts and other bills. Brit Award Winning Singer James Bay said:
2018 Mercury nominee MC and producer Novelist said:
London-based Jazztronica and Hip Hop duo Blue Lab Beats, said:
Beverley Whitrick of the Music Venue Trust said:
It is expected that funding will be received by organisations within the next few weeks. Further details on how organisations can apply to the £1.57 billion package will be released in the coming days. Subject to successful trials at a number of test venues, from 1 August indoor performances with socially distanced audiences will be able to take place. ENDSNotes to editors:In January, The Government increased the business rates retail discount from one-third to 50% and extended that discount to music venues. This discount was applicable for 2020/21 and for those eligible music venues with a rateable value of less than £51,000. In March, the discount for the current financial year was extended further to 100% and applicable to music venues with a rateable value above £51,000 as well. |