Government to allocate €25 million in funding to Electric Picnic and other live events
The company that operates Electric Picnic is to receive over €420,000.
The government has revealed the recipients of €25 million in grants as part of its Live Performance Support Scheme for 2021.
The scheme has been launched to assist commercial venues, promoters and producers to employ artists and musicians of all genres, performers, technicians and other support staff in the live performance sector.
According to the government, there has been a high level of interest for this scheme with over 400 applications submitted, requesting funding in excess of €80 million.
In a statement, the government said: "Given the available funding of €25 million, it will not be possible to award grants to everyone who applied."
Out of the successful applicants, Aiken Promotions is set to receive the largest grant of €581,811 for Vicar Street performances over the summer.
EP Republic Limited - the company that operates Electric Picnic - has been allocated €423,135.
This will be for live music and theatre shows, comedy acts and arts in Stradbally Hall and the Olympia Theatre.
Meanwhile, a further €423,135 is set for Body & Soul Event Creations Ltd for an Equinox event.
According to the government: "Equinox will showcase exemplary Irish practitioners of music, comedy, spoken-word, set design, cross-pollinating practises, creating new authentic performances."
Also amongst the more than 200 applicants to receive funding are the Gaiety and Olympia theatres, concert promoters MCD Productions Limited and the organisers of the Indiependence and Sea Sessions festivals.
Commenting on the announcement, Minister for Arts and Culture Catherine Martin said: "This will support performers and crew creating much needed employment for the sector."
Today I've announced 237 recipients of the €25m Live Performance Support Scheme fund who'll stage a broad variety of concerts, festivals & live events ???
— Catherine Martin TD (@cathmartingreen) June 15, 2021
The full list of grantees can be seen here.