ReBuild fund for UK-based managers impacted by Covid-19 opens for third round
The Music Managers Forum (MMF) today announces a new round for talented UK-based managers impacted by the Covid-19 crisis.
In the third round, the ReBuild fund will offer grants of up to £3,000. This round is open to new applicants as well as those who have received Rebuild support in a previous round if they meet this basic criteria.
Successful managers will have to meet four basic criteria to apply:
- If you have received Rebuild support in a previous round you are eligible for Round 3.
- You are either a director of a limited company or a sole trader
- You MUST be a current member of the MMF predating 23rd November 2020.
- You MUST be able to provide evidence of limited to no Government support such as Self-employment Income Support Scheme.
- You MUST be able to evidence loss of management income from confirmed and budgeted work from March 2020 onward. For example confirmed live shows, production work or other plausible expected incomes which have been impacted or rescheduled.
- You MUST demonstrate a need for emergency sustainability funding.
- You MUST demonstrate a track record in the management of quality artists/music makers who previous to COVID-19 had an appropriate sustainable businesses model.
- You MUST have a UK bank account but can manage music makers from across the world.
As detailed in the MMF’s 2019 report, Managing Expectations, music managers invest extensively in the long-term career development of their artist, songwriter and producer clients, predominantly on commission-based terms. For more than 80% of music managers surveyed for the report, live music represented their most reliable and important revenue stream.
Compounding this situation, a significant proportion of the MMF’s 900-strong membership do not qualify for existing Covid-19 support packages and are unable to self-furlough due to their responsibilities to their clients.
The ReBuild fund is administered by Help Musicians and has been made possible by a generous donation from PPL, with additional contributions a range of individuals and businesses including Joyce Smyth (Glastry), Merck Mercuriadis (Hipgnosis Songs Fund), Adam Tudhope (Everybody’s), Paul Loasby (One Fifteen Management) and Stuart Camp (Grumpy Old Management).
Click below for more information on how to apply.
[button href=”/rebuild” align=”left”]MORE INFORMATION & APPLICATION[/button]
About the MMF:
Since its inception in 1992, the Music Managers Forum (The MMF) has endeavoured to educate, inform and represent UK managers as well as offering a network through which managers can share experiences, opportunities and information.
Our membership currently stands at more than 900 managers based in the UK with global businesses and a wider network of over 2,700 managers in the USA.