The Beatport Group announced on Tuesday (July 25) the return of its annual Diversity + Parity Fund, and applications for its 2023 grant cycle are officially open. Designed to support organizations that focus on underrepresented groups and promote diversity within the music industry, the investment initiative is back for a second year in a row.
The Diversity + Parity Fund represents Beatportâs ongoing commitment to nurturing a more diverse and equitable ecosystem by amplifying voices and ideas of all types from different segments of the global community. Moreover, the fund will offer financial support, editorial exposure, and marketing across Beatportâs social media platforms to help organizations increase their impact and reach a wider audience. Obviously, those organizations that share a similar dedication to amplifying underrepresented voices in the music industry are encouraged to submit an application through the Diversity + Parity Fund.
This yearâs fund sits at 150 000$. It will award two types of grants: one for smaller organizations ($3,000-$15,000) and one for larger organizations ($15,001-$30,000). Last year, Beatport awarded $100,000 to three separate organizations, Lady Of The House, Future Female Sounds, and #FORTHEMUSIC. Here is what Sofia Ilyas, Chief Community Officer of The Beatport Group, had to say on the matter.
âWe believe in the power of music to unite people from all backgrounds, and it is our
responsibility to ensure that the music industry reflects the diversity of the world we live in. Through the Diversity + Parity Fund, we are committed to accelerating change and creating a more inclusive and equitable music industry for everyone. We invite other companies in our community to join us in our
mission to increase parity and diversity in music.â
Applications are open until August 22. Â For more details and submission guidelines, please visit the official page.
Stay tuned for more news!