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OpenUpdated 9 Jun 2026Business

Music Export Growth Scheme (MEGS)

Department for Business and Trade (DBT) · United Kingdom

MEGS provides match-funding grants to UK-based music companies to support international marketing and promotional campaigns for artists, helping them grow their global presence.

Summary

Deadline

30 Mar 2027

Complexity

Medium

Time to apply

20-60 hours

Updated

9 Jun 2026

MEGS provides match-funding grants to UK-based music companies to support international marketing and promotional campaigns for artists, helping them grow their global presence.

Eligibility

Applicant types

Business

Business size

SME, Large

Industries

Music, creative industries

Match funding

Required

Requirements

UK-based music businesses (typically management companies or record labels) meeting SME criteria UK-based music SME (<250 employees, turnover <€50m) representing UK-based artists; management company or record label. To support UK music SMEs in expanding internationally and securing new business opportunities in global markets

Eligible applicants

UK-based music businesses (typically management companies or record labels) meeting SME criteria

Funding and scope

Benefit amount

Amount needs verification

Total fund available

Not specified

Funding intensity

Grant covers up to 50% of eligible project costs.

Payment type

Reimbursement

Eligible scope

To support UK music SMEs in expanding internationally and securing new business opportunities in global markets

Eligible expenses

  • Marketing and promotional campaigns, PR, advertising, international showcases, tour support, media appearances, and market entry activities

Ineligible costs

  • UK-based activity costs
  • normal operating or running costs

Application and risks

Application platform

Online application form via scheme portal

Competitiveness

Competitive Selection

Decision timeline

Not specified

Assessment process

Applications reviewed by BPI and Department for Business & Trade, followed by panel assessment of shortlisted applicants

Application sections

Not specified

Application components

  • Marketing plan
  • evidence of UK success
  • target market strategy
  • budget
  • company and artist details
  • supporting documentation

Required documents

Not specified

Appendices

Not specified

Assessment criteria

  • Commercial potential
  • strength of marketing plan
  • financial commitment
  • expected business outputs such as sales, deals, and media coverage

Timeline and partners

Opening date

1 Dec 2025

Project duration

Verification Required

Project start

Not specified

Project end

Not specified

Co-funders

Not specified

Collaboration rules

  • Match-funding up to 50% eligible international marketing expenditure; no UK activity funded.

Consortium requirements

  • Single applicant music business per artist/project.

Additional guidance

[{"label":"Funding Structure","value":"Grants typically range from £5,000 to £50,000; up to 50% of eligible expenditure"},{"label":"important notes","value":"Funding is tied to project ambition and outputs; only external project costs are eligible; no UK activity can be funded; applications are submitted during funding rounds"}]

Quick facts

Status
Open
Deadline
30 Mar 2027
Funding amount
Amount needs verification
Funding band
Verification Required
Funding type
Match-funding grant
Payment type
Reimbursement
Audience
Business
Industry
Music, creative industries
Last updated
9 Jun 2026
Published
1 Dec 2025

Source links

Secondary sources

Source 1