Creative Wales Music Capital Fund (MCF)

This fund aims to encourage music businesses to identify areas to their establishment and operations that need improvement, but would not be possible without support from the fund, due to existing and current financial constraints. The purpose of the MCF is for small and medium music businesses to apply for funding that would go towards improving and increasing their businesses commercial outlook and sustainability; and as a result, contribute to the development and growth of the music industry in Wales. 

Applications from music businesses will need to demonstrate that their main function is to programme, record or be used for the rehearsal of original music, host and/or promote live music events of a commercial nature. The music being hosted, recorded, rehearsed or promoted from the business can be from the full spectrum of contemporary popular music genres (electronic; hip-hop; indie and alternative; metal and punk; pop; rock; etc.). 

We cannot support applications from individual bands, managers, promoters or agents. In addition, only the owners responsible for running the business will be eligible to apply for this funding. 

  • Applicants must be operating within the creative sector in Wales.
  • Applicants must be based and operating & employing staff in Wales.
  • Applicants must be able to produce at least one year’s fully independently certified accounts or audited financial statements (you do not need to be VAT registered if your total turnover is below the registration threshold).
  • The fund will not cover costs which have been previously supported via other grant funding (for example the Welsh Government Economic Relief Fund) or which are currently supported by other public funds. 
  • Applications must represent good value for money which will form part of the assessment.  Please only apply for what you need and not the maximum amount, unless the maximum amount is required.
  • Organisations or businesses receiving support through this scheme will be expected to align with the ethos and principles of the wider Cultural Contract (see below for more information). 

Application Process

The fund will open for applications from Wednesday 1 December 2021 and will close to applications on Friday 17 December 2021 at 12.00 noon. 

We will assess applications by the 14 January, and confirm an outcome by the 21 January 2022 however this timing is dependent on the number of applications received. 

The eligible funding period will cover the date of approval on the offer letter until 31 March 2022.

No late applications will be accepted. 

Please see funding guidance note link 


Before you apply you have the option to discuss your proposal with one of the Creative Wales Sector Development Managers via E-mail at

Our team can provide advice on eligibility and where appropriate give further guidance on your proposal. 
For an application form please E-mail