Germany supports creative artists
For the current funding round, the funds of the existing Initiative Musik funding in Germany will be increased by a total of 10 million euros.
To date, the program has helped creative artists and their business partners by funding 40% of the costs. This funding percentage will now be increased by 50 percent to 90 percent for a limited period of time. Instead of 60 percent, applications now only have to include an own contribution of 10 percent of the total costs. A total funding amount of up to 67,500 euros per project is possible, writes the German Music Industry Association. In addition to production, marketing and touring, work creation, rehearsal and pre-production times can now also be funded.
The associations of the German music industry welcome the first partial program from the Neustart Kultur economic stimulus package presented by Minister of State for Culture Grütters. The Minister of State is thus partly following the recommendations of the music industry associations and the collecting societies to take into account the high degree of division of labor and the interdependence of the industry sectors with more precisely tailored funding programs.
