Wellness, Culture and Sport

Music industry program supports entrepreneurs (08/10/16)

NB 1506

Oct. 16, 2008

FREDERICTON (CNB) - Ten music industry entrepreneurs in the province have received $398,700 under the Music Industry Development Program, which replaces the New Brunswick Sound Initiative. Department of Wellness, Culture and Sport Minister Hédard Albert made the announcement today.

"We have revised and simplified our program after consultations and discussions with music industry stakeholders," Albert said. "The establishment of our improved program proves that the government is listening to the various stakeholders, and that the music industry has an important place in the province's economy and in our self-sufficiency plan."

The main objective of the program, which is based on the goals of the Cultural Policy for New Brunswick, is to contribute to the development of New Brunswick's music industry through sound recordings of musical works. The program offers grants to New Brunswick artists and music industry entrepreneurs who have the best chances of critical and commercial success in a digitized global economy.

Under the new simplified program, music industry entrepreneurs may obtain multi-year funding of up to $20,000 per year, or a maximum of $60,000 over three years. The funding received must be used to cover part of the costs associated with the production, marketing, and promotion of sound recordings.

"New Brunswick's music industry is thriving in recent years, with more and more artists and talents coming forward to express themselves," Albert said. "Our program, which is getting very positive reviews from other Canadian jurisdictions, will enable these entrepreneurs to stay in the province and keep on producing music that reflects our cultural reality."

The program funding for 2008-09 to 2010-11 will be distributed as follows:

All eligible applications for financial assistance are evaluated according to clearly defined criteria and on a provincial comparative basis by an external committee made up of music industry representatives involved in creation, promotion, and distribution.

For more information, visit the Music Industry Development Program website.

08/10/16

MEDIA CONTACT: Vicky Deschênes, communications, Department of Wellness, Culture and Sport, 506-457-6445.

08/10/16