UK-born Sentric Music has launched The Sentric Academy Fund for emerging artists, which will see 12 artists receive financial assistance each year.
The fund is based on the company’s recurring blog post that asks music industry executives what they would do with a £1,000 budget as an emerging artist.
The Sentric Academy Fund will support 12 artists per year, beginning in 2020, with up to £1,000 each for all areas of their work including writing, recording, touring and marketing.
The artists will be able to decide how they spend the funding to further their careers.
Submissions for the first round of funding are now open until midnight on January 31, 2020 and will be open for submissions for two months every quarter going forward.
Artists can apply directly through their account at sentricmusic.com and the first artists to receive support will be announced in March 2020.
2018 saw Sentric ink major strategic deals with respected brands IQ Music, Black Rock Publishing and Riptide Music Group, as well as launching its white label publishing platform RightsApp to establish Sentric Music Group.
“We want to enable artists to make music their full-time career and, with the right plan, this funding can be a stepping stone towards that.”
James Cherry, Sentric
Sentric Artist Services Manager James Cherry (pictured), said: “We’re really excited to launch The Sentric Academy Fund. Support for emerging artists is hard to come by and we’re keen to try and combat that.
“We want to enable artists to make music their full-time career and, with the right plan, this funding can be a stepping stone towards that.”Music Business Worldwide