Music Export Growth Scheme
Department for Business and Trade and Department for Culture, Media and Sport
What it funds
MEGS provides match-funding grant support to representatives of UK-based music acts (normally music management companies or record labels who meet SME criteria) to help deliver high-quality marketing and promotion campaigns linked to international tours to enable these acts to grow their international business. The scheme is targeted at artists that have achieved reasonable levels of commercial impact in the UK and are now looking to break internationally. Successful recipients can claim no more
Who can apply
1. You are a UK* based music business or organisation trading from the UK.2. You are a SME that has fewer than 250 employees and a turnover of less than €50 million or a balance sheet total less than €43 million.3. You have not and you have not received any other contributions from public funds towards the Project.4. You can demonstrate that: i) you are selling from the UK; and ii) you are enhancing the Artist’s competitiveness and providing tangible economic benefit to the UK from this trade development activity.5. You will only promote the business, trading and brand names detailed in your Application unless you obtained express consent from the delivery partner the BPI, DBT and/or the Grants Selection Panel for a Project Change.(*Excluding businesses/organisations based in the Isle of Man or the Channel Islands unless UK registered.)
How to apply
Please apply via the website of the MEGS delivery partner, the BPI, https://www.bpi.co.uk/news-analysis/music-export-growth-scheme.
Last checked against the official source within the last 7 days. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
Related schemes
Innovate UK Grant Competitions
Innovate UK
Rolling portfolio of themed R&D grant competitions for UK businesses, typically funding 25-70% of project costs across feasibility, industrial research and experimental development.
UKEF General Export Facility
UK Export Finance
Government guarantee (typically 80%) on working-capital facilities from participating banks to support exporters' trade cycles — frees cash to fulfil international orders.
Growth Guarantee Scheme
British Business Bank
Successor to the Recovery Loan Scheme: government-backed guarantee enabling term loans, overdrafts and asset finance up to £2m for smaller UK businesses through accredited lenders.