IP Fund – Interactive Content
$500,000
Grant
Description:
The IP Fund – Interactive Content stream supports Pre-Production and Production phases for video games and XR content.
Comments on Funding:
Successful applicants are eligible to receive a non-refundable contribution of up to 50% of eligible Ontario expenses as follows:
Pre-Production
$15,000 – minimum request
$50,000 – maximum request
Production
$50,000 – minimum request
$250,000 to $500,000 – maximum request (variable and dependent on the applicant’s track record)
April 7, 2025 – 5:00 PM ET September 15, 2025 – 5:00 PM ET
Eligibility:
Applicants must be:
1. existing companies* that develop Video Games and/or XR content experiences as
their primary activity;
a. at least 50% of revenues and/or expenditures from the past two years are associated with Video Game and/or XR content development activities; and
b. have at least one owner or full-time employee at a senior level with a minimum of three years of professional experience working in a full-time capacity in the Video
Game and/or XR content industry
2. new companies* that are owned and/or led by individuals with substantial experience
in Video Game and XR content development.
a. have at least one owner or full-time employee at a senior level with a minimum of three years of professional experience working in a full-time capacity in the Video
Game and/or XR content industry
; and
b. be majority-owned (51% minimum) by individuals that are Ontario residents
3. a Canadian-owned and controlled organization
4. incorporated in Ontario or federally and registered in Ontario and if not incorporated
at time of application, prepared to incorporate immediately if application is successful;
5. Ontario-based
6. able to demonstrate a principal place of business in Ontario (Ontario-based) if the
company has more than 365 days of operation for at least one year prior to the
deadline;
7. private sector/for profit;
8. in sound financial position (including all associated companies); and
9. in good standing with Ontario Creates.
Application Steps:
Applicants must:
1. Submit applications must be submitted via the Ontario Creates Online Application Portal (OAP).
2. Start the application process well in advance of the deadline in case technical support is required.
3. Prior to starting an application, your company’s corporate information must be registered with the OAP. If your company is not registered, visit https://apply.ontariocreates.ca and select “Register”. If your company is registered, the Ontario Creates IP Fund deadline will appear in your dashboard.
4. Select “Start New Application” and follow the directions to access the application form.
5. If you encounter problems setting up your company’s corporate information, email applyhelp@ontariocreates.ca for assistance. This email address can also be used for any technical questions about the OAP.
Documentation Needed:
Applicants must submit Application Form
Other Things to Note:
About the author
Maurice