IMPALA – Finance report questionnaire for labels     
We are seeking your input for a report on the financial needs of independent music companies, scheduled for publication later this year . 

We ask you to please do your best to contribute where you can.
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Email *
In which country are you based? *
As an entrepreneur, have you faced the challenge of securing funding? For what types of projects and with what results? (Please distinguish between working capital needs and those required for business development through acquisitions of companies or catalogues.)
Which aspect of your business requires the most funding and/or capital investment?
What is your perspective on the following existing mechanisms, and (if available) what impact do they have on i) your company and ii) the music industry in general? 
Tax credits

(Note: a tax credit is a sum which you can deduct from your corporate taxes or receive directly if you don't pay taxes – for example in France the tax credit for music production allows a small label to deduct up to 40% of eligible costs off its corporate tax, or where a label does not pay a corporate tax to receive directly up to 40% of eligible costs, in both cases up to a certain amount)
Support programmes from the government
Support programmes from collective management organisations

Mechanisms helping secure banking loans 

(Note: for example loan guarantee instruments can provide guarantees to banks dealing with small and medium-sized music businesses to help these businesses have easier access to bank credits)

Export music schemes

Lower VAT rate applied to recorded music

Culture Pass

Others?

What mechanisms are currently lacking at national level in your territory to support the music sector, and why?
What mechanisms would be necessary at European level, and why?
Are you in favour of developing financing structures (bank or private, like Pipeline) collaterising financing with the estimated value of publishing and master catalogues? What would be the advantages and disadvantages of these structures?
Should there be capacity building mechanisms within the music sector to be “finance-ready” (and within the finance sector to be “music-ready”)?
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