€4m supports strike a chord for music business

Performers with turnovers of €15k and more can get grants between €1.500 and €12,500.

The opening date for the 2022 strand of the Music and Entertainment Business Assistance Scheme (MEBAS) has been confirmed.

The guidelines for MEBAS 2022 will be published Tuesday 25 January on the Tourism, Culture, Arts, Gaeltacht, Sport and Media’s website in advance of the application portal opening on Thursday 27 January 2022.

“MEBAS was launched in 2021 as a targeted support for self-employed performers and sole traders operating solely in the live entertainment sector who did not qualify for other business supports such as CRSS ”

This simpler, easier to access new scheme will further support performers and individuals in the music business that have been impacted by the Covid-19 restrictions.

The show must go on

“I have engaged extensively with stakeholders to understand the challenges faced by them and put in place supports that work for the sector,” said Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin, TD.

“I am pleased to announce that MEBAS 2022 will open for applications on Thursday January 27th. As part of the €50m in supports I have secured for the Live Entertainment sector for 2022, I have allocated €4m to MEBAS 2022.”

The scheme will operate in a similar manner to CRSS (Covid Restrictions Support Scheme) by providing grants of up to the value of 15% of the average monthly VAT-exclusive turnover prior to the pandemic.

The aim of this scheme is to make a contribution to the overheads of self-employed people and sole traders in the music industry who have been significantly negatively affected by COVID-19. To be eligible, individuals/sole traders will need to demonstrate that their 2021 turnover was no more than 40% of their average turnover prior to the pandemic.

“As part of a suite of measures to support those in the sector, MEBAS was launched in 2021 as a targeted support for self-employed performers and sole traders operating solely in the live entertainment sector who did not qualify for other business supports such as CRSS and who were significantly impacted by restrictions introduced to combat the effects of the Covid-19 pandemic,” Martin explained.

In 2021, MEBAS supported over 1,000 such performers and live entertainment businesses.

For MEBAS 2022, the Minister has again made funding available, which is expected to support a similar number of performers, crew, and sole traders in the music industry.

Self-employed individuals and sole traders including performers such as musicians, singers, DJs, lighting and sound crew, and audio equipment suppliers will be eligible to apply.

John Kennedy
Award-winning ThinkBusiness.ie editor John Kennedy is one of Ireland's most experienced business and technology journalists.

Recommended