Blossoms and Maribou State Among Performers, Highlighting International Tourism Funding

Funding for Music Acts

Blossoms and Maribou State are among the recipients of £1.6 million in financing from the Bank for International Tourist Financing.

About the Music Export Growth Scheme

The tourist financing initiative known as the “Music Export Growth Scheme” (MEGS) is overseen by the British Phonographic Industry (BPI). This year, it allocates a total of £1.6 million to assist 58 acts aiming to broaden their global reach while requiring additional financial support.

Alongside Blossoms and Maribou State, other acts benefiting this year include NME Covering stars of Divorce.

The program is a collaborative effort between the industry and government, with funding sourced from the Department of Business and Trade (DBT) and the Department for Culture, Media and Sport (DCMS), in conjunction with investments from the UK’s music industry.

According to the UK Government’s website, this financing will provide essential support to small and medium-sized music companies, enabling them to execute effective marketing and promotional campaigns for their artists to reach international audiences and generate new opportunities and income.

“The 58 incredible acts supported by the latest round of MEGS financing showcase the diversity of creative talent across the UK,” said Sophie Jones, Director of BPI.

“This is a game-changer for the artists benefiting from this scheme, an essential resource for the thriving independent sector in Great Britain, showcasing proven financial success with a notable return on investment and export growth.”

Notable acts from previous rounds of the scheme include Beabadobi, Dave, Biceps, and Wolf Alice.

In other international tour news, Los Campesinos India Group! have expressed concerns about “financial restrictions” affecting tours in new locations and reported a significant “loss” from a recent show in Dublin.

Last year, DJ Shade shared his perspective on the ongoing touring crisis, stating that the industry is nearing “extinction.”

Additionally, in 2022, various representatives from the British music industry discussed with NME how post-pandemic summer tours revealed that Brexit complications “stifle the next generation of British talent before they even begin.”