Members of Boyzone have announced they will fund a music scholarship in the name of their late bandmate, Stephen Gately.

The scholarship, worth €8,000, is open to anyone applying for a place at the Brighton Institute of Modern Music in Gately’s hometown of Dublin.

“The other boys and I know how difficult it is for people to get a break in the music industry, so if this scholarship helps one student get closer to achieving their dream, then that's great,” says Ronan Keating. “It really is a fantastic way to keep Stephen's memory alive among the next generation of successful Irish musicians."

Watch Boyzone perform ‘No Matter What’ live in Dublin below.