PPL contributes to PRS Foundation, the UK’s leading charitable funder of new music and talent development established in 2000 by PRS for Music.
We offer financial support, industry expertise, joint events and promotional activity to the PPL Momentum Music Fund, one of its flagship funding schemes. The fund is also supported by Creative Wales, Arts Council of Northern Ireland, Invest Northern Ireland and Spotify.
The PPL Momentum Music Fund offers career-boosting grants of £5,000 – £15,000 to UK-based artists and bands at a pivotal point in their development.
Since 2013 the fund has helped the careers of some of the UK’s brightest talents, including Years and Years, Kae Tempest, Ms Banks, Sam Fender, Anna Calvi, Novelist, and Moses Boyd.
To date (August 2023), the fund has had a transformational effect, with over £5.2 million awarded to artists across the whole of the UK.
526 artists have been awarded PPL Momentum Music Fund support, including 161 since PPL became headline sponsors of the Momentum Music Fund in February 2020.
This has delivered more than 300 UK tours and over 1,600 live dates, 275 albums and dozens of top 20 chart placements. 9 funded artists have gone on to be nominated for the Mercury Prize, including Ghostpoet, Little Simz and The Comet Is Coming.
Grants are offered four times a year and can be used for activities such as touring, writing and recording an album, or marketing and promotion. The fund has received more than 7,300 applications over 43 funding rounds, with 7% of applications awarded funds.
In turn, the fund has helped to generate £22 million for the UK music industry.
Since 2000 PRS Foundation has given more than £32 million to over 6,800 new music initiatives by awarding grants and leading partnership programmes that support music sector development. PRS Foundation supports an exceptional range of new music activity – from composer residencies and commissions to a network of talent development partners and showcases in the UK and overseas.
PPL also supports PRS Foundation’s International Showcase Fund, which offers vital support for UK-based artists, bands, songwriters and producers who have been invited to play an international showcasing festival or conference, such as SXSW, Eurosonic or Reeperbahn.
