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300 Million Released for the Local Music Industry – Liz Lenjo
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300 Million Released for the Local Music Industry

Finally, some good news for the creatives in the music and film sector. Through the Youth Enterprise Development Fund, the Government has released 300 Million for those in the music industry to borrow and invest in their music. This means musicians, dancers, song writers among other music professionals can borrow money to invest in their productions, pay for studio time, pay for cast and crew for a music shoot, you name it! With all these expenses, now you have a place to borrow money from.

The Youth Enterprise Fund has also joined hands with the Kenya Film Commission and Kenya Broadcasting Corporation to create the Vijana Film Fund. The aim of the fund is to attract professionals in the film industry to take loans to invest and re-invest in their film businesses. For those who want to venture into production and create films, movies, dramas, you have a way in to make your dream come true and crate a name in the film industry.

This is a good show by the Government and stake holders in the creative industry to give hope to aspiring artists, musicians, actors, dancers and the likes in the music and film industry. Lack of capital and investors having being one of the key issues that hinder development in these areas, now you have the power to borrow and create.

My only hope is that we shall utilize these funds for the stated purposes and that transparency shall prevail. As for you my creative fellows, invest wisely and be in it to win it.

Our industry has a lot of potential, entertain us!

 

http://www.youthfund.go.ke/

9 Comments

  • philip tuju

    your doing an amazing job updating kenyan entertainers.. God bless you

    October 7, 2013 at 6:31 pm
  • paolo

    Can investors importing music instruments apply for a loan too??

    October 7, 2013 at 7:38 pm
      • paolo

        how may i apply? i some funds to import new drums and accessories, the request is high and at the moment i already invested all i had….

        October 7, 2013 at 7:52 pm
  • m2wa2

    Thank you for sharing 🙂

    October 7, 2013 at 11:29 pm
  • Willy

    Am looking forward to season two of the show i hope coke has heard our voice and they shall consider our young and very talented industry by slightly raising our local artist fees. And yes we need professionals like you Liz to help the growth of our artists.

    October 15, 2013 at 10:49 pm