The initiative combines funding, strategic planning, and promotional support.
Photo credit: Labelworx
LabelWorx has unveiled Elevate, a new growth initiative designed to help independent electronic music labels accelerate their development through upfront capital, strategic planning, and promotional support.
Created to address the gap between revenue generation and royalty payments, the program will make US$10 million in committed capital available to selected labels during its first round. Participating companies will also receive tailored growth strategies, priority access to LabelWorx’s Pick N’ Mix promotional services, and ongoing strategic guidance.
Labels accepted into the program will receive upfront advances ahead of royalty payments, a dedicated 12-month growth plan developed alongside senior LabelWorx strategists, mid-term performance reviews, and long-term partnership support.
“Independent labels move culture forward but too often are constrained by slow royalty cycles and limited access to capital,” said Dominic Kerley, VP of LabelWorx. “We’re combining funding with real strategy to help labels grow at the pace they deserve while building sustainable long-term business every step of the way.”
For more information and applications, visit the official website here.
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