AGAMA, ArA Harmonic, AWATE, Cat Delphi, Estée Blu, Griz-O, Haula, Lady Sanity (pictured), Merki Waters, Michelle O Faith and Signkid were whittled down from over 150 applications to win the funding, as chosen by a panel of music industry experts.
The up-and-coming artists have been awarded up to £2,000 each to help with activities including touring, video production, recording, PR, marketing and promotion.
Claire Gevaux, creative director at Help Musicians UK said: 'This award is an exciting new development for the Creative Programme at Help Musicians UK and we’re delighted the first round has been so successful.
'It’s been fantastic to work with the MOBO Trust to develop this award, and we’re delighted to be investing even more money into two funding rounds next year.
'We hope that through this increased investment, we’ll be able to help even more emerging artists realise their career aspirations.'
Kanya King MBE, founder and CEO, MOBO, added: ‘ We are overwhelmed by the quality and range of emerging talent out there.
'MOBO Trust is keen to celebrate exceptional talent, especially in support of those who endeavour to follow paths in genres often overlooked by the commercial heartland.
'We are excited to see the progression of these aspiring creatives over the next year and look forward to seeing what talent comes forward in the next rounds.'
The MOBO's newly established charity, MOBO Trust set up the scheme in partnership with Help Musicians UK, the music industry’s biggest independent charity.
Following the success of the first round, MOBO Help Musicians Fund will invest even more money into two further rounds in 2018.
See also: Interview: Lady Sanity >