Spain rolls out €3 million subsidy for venue operators
The Catalan government yesterday (26 August) announced a new subsidy of €3 million for venue operators in the region.
The fund will help operators mitigate the financial impact of the Covid-19 restrictions implemented during the first half of 2021.
This is the second subsidy of its kind and is almost double the initial €1,800,000 aid for venue operators.
In the new round of funding, the maximum limit of aid that operators can receive is increased to €350,000.
In order to be eligible, venue operators must prove a minimum expenditure of €4,000, as well as programming that includes at least 24 paid concerts between 14 March 2019 and 14 March 2020.
This is the second subsidy of its kind and is almost double the initial €1,800,000 aid for venue operators
Grants will vary depending on the capacity of the venue:
- Rooms with a capacity of up to 400 people: 70% of the declared expense.
- Rooms with a capacity between 401 and 1,500 people: 75% of the declared expense.
- Rooms with a capacity of more than 1,500 people: 80% of the declared expense.
The Catalan government has also announced an €800,000 subsidy for the programming of live music events.
The funding, which applies to festivals, concert series and venue operators, can be used for all projects developed from 1 June 2020 that have ended between 1 October 2020 and 30 September 2021.
Festivals and concert series must have included a minimum of four concerts in Catalonia in order to be eligible. Venue operators must have hosted a minimum of 20 concerts with paid admission in order to apply. Applicants may receive up to €45,000.
Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.