First Outward Sound Grants Announced

Thursday February 16

First Outward Sound Grants Announced

The NZ Music Industry Commission is proud to announce the inaugural recipients of Outward Sound grants:

Breaks Co-op receive the only Phase Three grant of this funding round. The sole applicants for Phase Three, Breaks Co-op will use the grant to enable them to maintain a presence in the UK for an extended period to promote the UK release of their album ‘The Sound Inside’ – triple platinum selling in NZ.

Phase Two grants, providing the opportunity for in-market performances and related business development, were provided to The Brunettes (for the USA), Concord Dawn (for Europe and the UK), and Sugarlicks Records (for Europe).

And finally, Phase One market scoping grants have been allocated to Arch Hill Recordings, Die! Die! Die!, Mai Music, Midium Records, and Tardus Music.

Between the nine successful applicants a total of $150,631.55 has been allocated, with the recipients required to match this on a dollar-for-dollar basis

The scheme, launched by the NZMIC in December 2005, was established to provide assistance for market development initiatives. It comprises three phases: Phase One, a 50% reimbursement of costs up to $10,000 for Market Scoping; Phase Two, a reimbursement of up to 50% of the costs up to $30,000 for Performance Oriented Support; and Phase Three, reimbursing up to 50% of Market Infiltration costs to a maximum of $60,000.

Applications for the next round of Outward Sound grants close on April 30th.

ENDS

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