Grant recipients will also receive marketing and editorial support to help grow their initiatives.
The Beatport Group has promoted Matt Gralen to president and Helen Sartory to chief revenue officer.
In 2022, the digital service claims to have sold 25,519,770 song downloads — making up nearly 12% of all tracks downloaded globally.
Also this week: Believe taps a publishing CEO, Rostrum Records appoints a head of marketing and more.
Merck Mercuriadis' company gains a partner in film and TV through Beatclub's opportunities portal.
The partnership will expand the IMS' global footprint, with the dance industry conference also returning to its home base in Ibiza this April 26-28.
