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[email protected] for more information. 1 Introduction Is 2017 a good year for music/tech VC funding. The perception is that startups? You’ll find a range of opinions in investors remain skittish around any the music and technology industries. startup that requires licensing deals with music rightsholders, and are unsure Some people look back to a ‘golden age’ whether many of the startups that don’t between 2007 and 2009 when Spotify, need rights will scale to provide the kind of SoundCloud, Deezer, The Echo Nest, exit the VCs are looking for. Songkick and (not only music) Kickstarter all emerged, and don’t feel as excited This gloom is understandable, but it’s not about the current crop of startups. the entire story. At the early-stage level, there are a number of routes to securing Others see music/tech as a tough sector capital around the £150k mark to get a to build a sustainable business in, often business up and running, from individual citing one or both of two widely-shared angel investors; incubators and blog posts from recent years: eMusic boss accelerators offering seed funding; and (in turned VC David Pakman’s 2016 article the UK) tax-benefits initiatives like the claiming that the music industry “buried” Seed Enterprise Investment Scheme more than 150 startups; and ArtistData (SEIS) to stimulate early-stage funding of and Onesheet founder Brenden Mulligan’s inventive startups.