ANNOUNCEMENT: Grassroots Music Venues Receive Lifeline
Britain’s globally renowned arts, culture and heritage industries will receive a world-leading £1.57 billion rescue package to help weather the impact of coronavirus, the government announced today.
Thousands of organisations across a range of sectors including the performing arts and theatres, heritage, historic palaces, museums, galleries, live music and independent cinema will be able to access emergency grants and loans.
The money, which represents the biggest ever one-off investment in UK culture, will provide a lifeline to vital cultural and heritage organisations across the country hit hard by the pandemic. It will help them stay afloat while their doors are closed. Funding to restart paused projects will also help support employment, including freelancers working in these sectors.
This new package will be available across the country and ensure the future of these multi billion-pound industries are secured.
Boris Johnson, Prime Minister of the United Kingdom
Oliver Dowden MP, HM Secretary of State for Digital, Culture, Media and Sport
Rishi Sunak, Chancellor of the Exchequer
This unprecedented package include a £1.15 billion support pot for cultural organisations in England delivered through a mix of grants and loans. This will be made up of £270 million of repayable finance and £880 million grants.
The new funding will also mean an extra £188 million for the devolved administrations in Northern Ireland (£33 million), Scotland (£97 million) and Wales (£59 million).
Music Venue Trust warmly welcomes this unprecedented intervention into Britain’s world class live music scene. We’d like to thank the Secretary of State and the team at DCMS for the opportunity to work closely together throughout this crisis to develop genuine solutions to the challenges faced by Grassroots Music Venues. This fund provides the opportunity to stabilise and protect our vibrant and vital network of venues and gives us the time we need to create a plan to Reopen Every Venue Safely.
On behalf of every Grassroots Music Venue in the UK we would like to take this opportunity to thank every music fan, every artist, every activist, and every one of you, our people, who got this done.
“Without people, you’re nothing”
We have you, and that’s everything. Thank you.