The Music Managers Forum has launched ReBuild, a new support fund for UK-based managers impacted by the COVID-19 crisis.
In its first round, the fund will offer grants of up to £3,000. Successful managers will have to meet four basic criteria to apply:
They have a demonstrable track record of building artist careers
They have suffered significant income losses since March 2020
They are unable to fully access current Government support packages
They are an existing MMF member (prior to end May 2020)
Annabella Coldrick, chief executive, Music Managers Forum: ‘The shutdown of live music has been traumatic for MMF members. We have actively campaigned for the Government to fill the support gaps, however this has not been forthcoming and so we decided to set up ReBuild to support our community.
At this very difficult time, it is vital that managers can avert an impending cash flow crisis and remain dedicated to helping artists and music creators innovate and sustain themselves through some tough months ahead.’
Paul Craig, chair, Music Managers Forum and Nostromo Management: ‘I would like to thank PPL for their generosity and Help Musicians for their support in getting ReBuild off the ground. A significant proportion of MMF’s membership do not qualify for current Government support packages, and our hope is that this much-needed funding will prevent many of them falling through the cracks and having to close their businesses.’
The ReBuild fund will be administered by Help Musicians and has been made possible by a 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).
Full details for ReBuild will be provided following the MMF’s AGM on 17 June when applications will open.
