ICMP and music industry partner AIM (The Association of Independent Music) are delighted to come together to unveil the third year of the Music Business and Entrepreneurship scholarship.
The scheme is for any aspiring music entrepreneurs with a keen interest in music business who might not be in a position to consider study as part of their career development.
One selected applicant will be able to join ICMP’s one-year Cert HE Music Business and Entrepreneurship course, a programme providing a fantastic opportunity to learn more about the workings of the modern music industry alongside the business of live music, publishing and recorded music.
As an organisation, AIM, like ICMP, has always been excited by investing in the next generation of music talent, and entrepreneurs. For over 20 years AIM has represented the UK’s diverse and world leading independent music sector, which makes up a quarter of the recorded music market. Members of AIM range from the largest, most respected record labels and associated music businesses in the world to newer challengers such as Black Acre, Houndstooth, Scruff of the Neck and Supernature, as well as self-releasing artists, from those just starting out to established names who are known the world over.
Commenting, Paul Pacifico, AIM CEO, said: “We’re delighted to be working once again with ICMP to offer a place on their Music Business and Entrepreneurship course.
A core part of AIM’s mission is to open the gateway to the music industry for those starting out on their journeys through knowledge, contacts, business-building skills and resources.
This collaboration with ICMP helps us deliver on our commitment to the next generation of industry leaders, allowing them to accelerate their musical careers, regardless of background or finances.”
Paul Kirkham, ICMP’s Chief Executive, said: “We’re very excited to be once again working with AIM on providing a platform for new and innovative music industry talent.
The future of our industry will be shaped by entrepreneurs and savvy music business operators; aspiring music industry professionals we believe we can support through our music business programme. We’re looking forward to receiving applications from some of the industry’s future pioneers.”
Music business student Curtis Ellis was the recipient of the scholarship for 2020.
Commenting, he said: "The scholarship will be very important to me to help develop my career. It came at the perfect time and has given me an extra boost of confidence to work harder to achieve my goals.
"I want to get an overall understanding of the entire music industry, but I'm most interested in learning about A&R and events management."
What the recipient of the scholarship will learn
They’ll develop a solid understanding of core music business areas such as marketing and PR, tour and artist management, A&R, music copyright, sales and distribution, revenue streams, music rights and royalties, and more.
The course is designed to be flexible – allowing adjustments based on the ever-changing demands of the industry. It also enables progression to the highly practical BA (Hons) Music Business and Entrepreneurship course – the first music business degree in the UK to give weighting to the concepts of ‘entrepreneurship’, ‘enterprise’ and ‘innovation’ as well as music business management.
How to apply
Anyone interested in winning the scholarship will need to complete an application form and submit a video between one and two minutes explaining why they are interested in becoming a music business entrepreneur and why they deserve this scholarship.
To be eligible, applicants will need to meet the academic requirements for entry and have a background of low participation in Higher Education, with a household income of below £25,000.
Applicants from all ethnicities, genders and backgrounds should apply. Those from underrepresented groups including, for example, black, asian and minority ethnic students, disabled students, care leavers and mature age students, are especially encouraged to apply.
The closing date for applications is 30th July 2021.
A shortlist will be put together by AIM and ICMP before a winner is selected.
Apply now for the ICMP/AIM Cert HE Music Business and Entrepreneurship scholarship - good luck!