The Launchpad Fund is offering 25 grants of up to £2,000 to new songwriters and bands looking to take the next step in their musical careers.
The fund is part of the Horizons scheme to develop new and independent contemporary music in Wales.
Entries for 2015 will close midnight Monday 28 September 2015. Acts must have had their music played on BBC Radio Cymru or BBC Radio Wales to be eligible.
Ellie Makes Music is an artist to have previously benefitted from the support of the fund.
Commenting, she said: ‘There is no way I would have been able to afford to make this new EP without the Horizons Launchpad Fund. Being an unsigned musician is extremely costly and I’m very thankful for being awarded the fund.
‘The money meant that I was able to work with the right people and to take risks that I wouldn’t have been able to do without having a set budget behind it.’
Visit bbc.co.uk/horizons for more information on the fund and how to apply.