Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what discussions she has had with Treasury Ministers on future funding allocations to the Music Export Growth Scheme (MEGS); and if she will make a statement.
The Department for International Trade (DIT) has not held discussions with Treasury Ministers on future funding of the Music Export Growth Scheme (MEGS). DIT’s business planning continues for 2021-22, including export support we can provide for the UK music sector.
On 10 February, DIT, through the British Phonographic Industry (BPI) who administer the scheme, awarded MEGS grants totalling £100,000 to ten UK small and medium-sized music businesses which will go towards growing audiences internationally through digital marketing and other forms of overseas promotion.