Considering starting your own business? How about a music label? There are many government AND private music grants out there that will help you with startup costs. It’s hard to find for-profit grants, but they’re out there, if you have a strong business plan and a good idea of your basic expenses. Start locally and work your way up.
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November 13, 2008 at 02:10 am
you can send your cd to a record company and see how they feel about it
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November 13, 2008 at 02:24 am
you can start according to ur budget if it is high then u can buy a showroom & keep all collections of music around the world. the best is u can keep place hit musics. keep original cds,cassettes,dvds,etc. by impressing ur customer u can go to success
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latest -
November 13, 2008 at 02:30 am
firstly make out your business plan… like how much you need for equipment for advertising, for getting artists - and somewhere decide how much you want to make, and how many CD (s) videos tapes that you need to sell to make your money back, plus profit.
If you know about e-bay… possibly this is what u need to start with - a good web site.
Most people know how hard and how many problems good musicians have in getting started and how big labels are really ruining our music - a lot of people buy music they first hear from their friends.
I would say that you do not need a grant, but a marketing strategy, some sort of goal setting and knowledge of how to market your product.
What you can do today with four thousand dollars worth of equipment - you could not do with two hundred thousand dollars woth - refering to video DVD computer media and sound production.
If you get a geek who knows nothing about music, but lots about computers - he could be worth a whole whole lot to your cause.
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Best of luck, by the way I write songs… contact me if you like. kjpgglover@yahoo.ca
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November 13, 2008 at 02:37 am
One thing to know, NEVER PAY for a grant. All government grants are 100% free. If your solicited to pay for one, it is a scam.
Secondly, the government doesn't give out grants specifically for record companies, yet, they still give to start small businesses. Places to search would be your local bank or a lawyer. Grants.gov is the federal site to check out.
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http://www.product-reviews.org, grants.gov -
November 13, 2008 at 02:49 am
It is hard to find grants to start a business such as a music label — unless you live in a very economically depressed area such as Native American reservations.
Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.
Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.
Even if you buy books on "how to get grants" or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.
Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html
"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."
Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program
Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs
For private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online. It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs.
References :
http://www.cfda.gov
http://www.grants.gov
http://gtionline.fdncenter.org
http://www.powerhomebiz.com/vol66/grants.htm
http://www.sba.gov/expanding/grants.html
