MKFM started broadcasting on 2 July 2011 on 107FM in Milton Keynes as part of a 28 days restricted service licence. A campaign was launched with the slogan 'On a mission to bring local radio back to Milton Keynes' with listeners asked to support the station's bid for a full-time FM licence. The station continued the campaign with further trial broadcasts in December 2011, July 2012, December 2012, May 2013 and December 2014 on 107FM.
MKFM began test transmissions on DAB Digital Radio across Herts, Beds, Bucks and Northants on 14 February 2013, before launching as a full-time service in May of the same year. MKFM was part of the launch of the local DAB multiplex when Milton Keynes Dons chairman Pete Winkelman and MP Iain Stewart switched on the transmitter in a ceremony at Bletchley Park.
MKFM applied to Ofcom for a full-time FM licence during December 2014.This followed a debate in Parliament by local MP Iain Stewart in May 2014 asking the broadcast regulator to speed up the application process for community radio stations to broadcast on FM.The station's licence application was announced to be successful on 19 March 2015 and the station hopes to begin test transmissions on FM during Summer 2015
On Saturday 27 June 2015, MKFM announced that it would be moving into new premises at intu Milton Keynes. The new studios will mean more space for the stations operations and will enable them to train even more volunteers, run community radio workshops and coach presenters. The existing MKFM Pod will remain at Stadium MK and will be used for regular outside broadcasts, coverage of sports and arena events
Transmissions were switched from the Pod at Stadium MK to the station's new studio on Monday 17 August 2015 at intu Milton Keynes. On the same day, MKFM launched its new Breakfast Show with Oliver, Darren & Lia with John Cove from the MK Dons being the first guest in the new studio.
MKFM officially launched on 106.3FM at 6am on Monday 7 September 2015.
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