£700,000 funding boost for Welsh music businesses
£700,000 funding boost for Welsh music businesses
Subscribe to the Businessin Wales daily newsletter for FREE here.
Twenty-one music venues, recording studios, rehearsal spaces and arts centres across Wales have been awarded grants of up to £40,000 each to strengthen their operations and ensure long-term sustainability.
The funding comes through the third round of Creative Wales’ Music Capital Fund (MCF), which provides grants of between £10,000 and £40,000. More than £700,000 has been distributed in this round to small and medium-sized music businesses looking to expand their commercial potential and secure future growth.
Successful applicants will use the funding to improve facilities, modernise equipment and enhance their role within Wales’ wider music industry.
Among the recipients is Steffan Pringle Music in Rhondda Cynon Taf, which plans to build a high-end recording studio alongside a dedicated mixing and mastering room. Cardiff-based Musicbox Studios has also secured investment and will use it to refurbish its premises and introduce environmental upgrades as part of wider modernisation plans.
Other notable beneficiaries include Sain recording studio in Gwynedd, ROC2 Studios in Wrexham, CWRW in Carmarthenshire, and The Lost ARC in Powys.
The Memo Arts Centre in the Vale of Glamorgan is another venue to receive support. CEO Kate Long said:
“We’re extremely grateful to Creative Wales for awarding our venue support with a grant to cover the installation of a new high-quality PA system. This upgrade will significantly strengthen our capacity to innovate and increase the scale and diversity of our live music programme.
The funding will also help further our in-house delivery of grassroots original music performances and enhance our partnerships with music promoters, touring artists, and emerging creatives, youth-led showcases and co-productions.”
The Welsh Government views the scheme as a cornerstone of its wider creative industries strategy, recognising the role of music venues, studios and related businesses in both cultural development and local economies.
Minister for Culture, Jack Sargeant, said:
“The live music industry in Wales is crucial to developing musicians and audiences across our country. Music businesses provide an important platform from which talent can be developed, nurtured and grown. This latest round of the Music Capital Fund demonstrates our continued commitment to supporting the infrastructure that makes Wales’ music scene so vibrant.
By investing in these 21 businesses, we’re not just supporting individual enterprises – we’re strengthening the communities they are part of and the entire Welsh music ecosystem for artists and audiences alike.”
Applications for the next round of the Music Capital Fund are expected to open in the near future.
Want more from Businessin Wales? Why not follow us on our socials
Listen to the Businessin Wales podcast
