Boriken Music Label LLC | Application Preview
Boriken Music Label LLC is seeking government funding to enhance its operations and support its artists. The funds will primarily be used to secure additional studio time for music production, purchase beats for shows, promote the artists’ music to reach a wider audience, and finance video shoots for improved visibility on platforms like YouTube. The company also aims to cover travel expenses for artists to attend shows that they previously could not participate in.
Over the next five years, the business plan focuses on leveraging social media for promotion, booking more live performances to expand the artists’ fan base, and increasing the music catalog to keep audiences engaged. Additionally, the label intends to boost merchandise sales, which would serve as a revenue source for the company.
The rationale for funding approval emphasizes the founder's desire to establish a legacy for their family and improve the lives of the artists, many of whom come from difficult backgrounds. By succeeding, the aim is to provide them with a better quality of life while paving the way for future ventures.
The label identifies major competitors like Quality Control, Dreamville, and Roc Nation, but distinguishes itself with a commitment to prioritize artists’ needs. Boriken Music Label LLC offers artists 60% of their music royalties and guarantees they retain ownership of their masters, reflecting a strong artist-first philosophy. The founder also operates a publishing company with BMI, further enhancing the support provided to artists.
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General Information
Business Registration Number: L21000112017
Location: Minneola, FL, United States
Length of Operation: First year
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
With this funding I can get my artist more studio time so they can produce more music. We can also pay for more beats in order to keep producing more shows. I would be able to pay for promotion in order to reach more people with their music. I can also pay for video shoots in order to get our views up on youtube and other platforms. I will also be able to get my artist to shows that originally couldn't make the shows.
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Business Plan
In the next 5 years I will grow the company by pushing heavy in the social media aspect. Now you can promote yourself for a few dollars a day and reach people all over the world faster and easier. I will also book them in as many shows as possible in order to grow their audience. With that we will record more songs to grow our catalogs so other are entertained for awhile. We will also start selling more merchandise so that way we can use that to pay for the company as well. I am not doing this for me but more for my family. I want to leave them a business that they can look back and be proud of. With this company my family can live comfortable and worry free. I also want this to work for my artist the most. They come from a rough background. With this succeeding, I can help them get their family a better life where they can live comfortable as well. This is just a stepping stone for me due to the fact that I have plenty more ideas that I will do as time comes.
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Self Identified Competition
Quality Control Dreamville Rock Nation With this company we put the artist first before anything. I made sure that the artist is compensated like a true artist should be. With this company, artist will receive 60% of the royalties from their music streams. I also give the artist their masters as well since I feel like it is their music and no one should own it but them. I also have my own publishing company with BMI as well.
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Contact Applicant
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