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Indie live music coalition demands immediate release of $16B in SBA SVOG grants

Indie live music coalition demands immediate release of $16B in SBA SVOG grants
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United-states , White-house , District-of-columbia , American , National-independent-venue-association , National-association-of-theatre-owners , Association-of-performing-arts-professionals , Agents-coalition , Arts-alliance , National-independent-talent-organization , Shuttered-venue-operators-grant

SBA Misses Deadline To Distribute Billions In Funding For Music Venues | 1063 The Brew


By Andrew Magnotta @AndrewMagnotta
Photo: Getty Images North America
Organizations working to preserve independent music and entertainment venues in the United States are calling for the immediate release of funds in the 'Shuttered Venue Operators Grant' (SVOG) program.
SVOG was designed to provide eligible movie theaters, live venue operators and promoters, talent representatives, and performing arts organizations with grants equal to 45 percent of their 2019 gross earned revenue, up to a maximum of $10 million.
More than six months since SVOG became law, many of the program's 14,000-plus applicants are still "suffering deeply," due to fallout from COVID pandemic-related closures and restrictions, according to the National Independent Venue Association (NIVA).

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