Austin, Texas – – Austin City Council has set up a fund to financially support local live music venues until it is safe for them to reopen. The Austin Live Music Venue Preservation Fund helps music venues that are at imminent risk of closure during the COVID-19 pandemic.
Working in partnership with the City of Austin, the Long Center for the Performing Arts will provide application assistance, application processing and fund management.
Applications for local music venues are possible from Friday, December 11th.
“Live music venues strengthen our cultural and economic ecosystem and contribute to Austin’s international appeal,” said Veronica Briseño, Austin’s chief economic recovery officer. “Our team worked with the Long Center to quickly open the application portal a week after the guidelines were approved by the council. Our goal is to get the cash flow to live music venues before the end of the month. This important support will help preserve our music venues. ” until it is safe for them to open again. “
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The Austin Live Music Venue Preservation Fund will be distributed in two phases:
Phase 1: emergency funding
Application opens: December 11, 2020 at 10:00 a.m.
Application deadline: January 11, 2021 at 5:00 p.m.
Eligible applicants who are at immediate risk of closure will receive a US $ 20,000 grant that the Long Center will distribute in December 2020 and January 2021. Once an applicant is determined to meet the requirements, the Long Center will notify the applicant of the grant via email. The emergency funding will be provided for the ACH transfer, sent to the address of the applicant specified in the application of the venue, or kept for collection at the Long Center.
Services available to applicants receiving emergency funding include legal and accounting services; Real estate advice and guidance in lease negotiations; and other professional services and long-term planning from community experts.
- The applicant’s business is permanently closed
- Applicants who are Austin full-time employees
- The applicant’s business does not meet all of the eligibility requirements
- State Secretary’s Employer Identification Number (EIN)
- Physical address
- Basic demographic information
- Certificate that the venue meets the definition of the venue for live music in the city code
- Certificate of emergency needs
Phase 2: Improved Financing
Eligible applicants can apply for additional grants up to US $ 140,000 (this does not include Phase 1 funding).
Grant recipients will need to carry out an assessment of technical assistance and a strategic plan for equity in order to apply for more funds in the second phase. The funds will be distributed in monthly payments with a maximum of $ 40,000 per month, according to a city press release.
If you have any questions about eligibility and for assistance with your application, please contact the Long Center at [email protected] or by phone at 512-457-5181.
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