130%
Raised
£327,130
Investors
199
Target
£250,000
Equity
17.20%
Pre-money valuation
£1,575,000

FutureDJs is remixing music education in the UK by teaching 11-16-year-olds DJing and electronic music production at their schools, in line with the introduction of DJing into the national curriculum. With the electronic music market growing YoY, FutureDJs is a business with big social impact on young people.

  • Exclusive partnership with Pioneer DJ
  • Supported by Virgin Start Up
  • Former Commercial Director of Trainline as Non-Exec Director
  • Worldwide book publishing deal with Faber Music
Information The company had £97,820 of its SEIS allowance remaining at the start of this raise. This will be allocated to investors on a first come first served basis. Any investments made after that limit has been exceeded will not be SEIS eligible but will potentially be eligible for EIS. The potential tax relief of any investment will be confirmed by email to investors, after they have submitted their applications to invest, and will depend on an investor's individual circumstances.

Idea

FutureDJs is striving to transform music education by pioneering a new programme to support recent changes in the UK national school curriculum and reverse a sharp decline in music education, making music accessible and relevant to all young people.

FutureDJs was founded when the UK examination boards recognised DJ decks as formal instruments. Despite wide interest from students, very few teachers have the practical skill, knowledge or resources to deliver lessons. We bridge this gap by sending our own visiting music tutors into secondary schools nationwide, in exactly the same way as traditional instrument tutors.

Our team, including professional DJs, have developed a bespoke programme of study, taught in 20-30 minute lessons in both comprehensive & independent schools.

There are 2.7m 11-16 yr olds across the UK’s 6,900 schools. Every one of them has the potential to join us and experience a new, exciting route into music education. 400,000 new students become eligible for the programme every year.

Although international expansion and the introduction of further courses are on the horizon, this round of funding will be used to invest in the team and talent growth needed to take the business to the next stage, new students wins, development of our online platforms, and an online video series.

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FutureDJs has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.