Ontario Music Investment Fund (OMIF) – Music Creation
$200,000
Grant
Description:
The OMIF Music Creation stream provides funding to support the development of competitive, sustainable music companies in Ontario that take risks discovering and developing talent – particularly emerging artists – and bringing it to market.
Comments on Funding:
Funding is in the form of a direct grant:
– Up to 50% towards the cost of eligible activities
– The maximum funding is 40% of the company’s two-year* average of total revenue to a maximum cap of $200,000. The minimum funding request is $10,000.
* Due to the potential negative impact that COVID-19 may have had on a company’s 2021 revenue levels, Ontario Creates will consider calculating a company’s maximum OMIF request based on 40% of their three-year average revenue figure rather than a two-year average. Applicants wishing to request this exception must contact the OMO at least three weeks ahead of the deadline to discuss.
April 30, 2025 September 11, 2025
Eligibility:
Applicants must:
1. Be Domestic Record Labels*, Multinational Record Labels, and Domestic Music Publishers
2. Be Ontario-based;
3. Be in operation for at least two years prior to application;
4. Be able to demonstrate that the company’s principal place of business has been in
Ontario for at least one year prior to the deadline;
5. Be Canadian-owned **;
6. Be incorporated in Ontario or federally (or prepared to incorporate immediately if
the application is successful);
7. Be in a sound financial position;
8. Have minimum annual revenues of $25,000 from core business activities as a
record label or music publisher; and
9. Be in good standing with Ontario Creates at time of application submission.
Application Steps:
Applicants must submit electronically through the Online Application Portal (OAP)
at https://apply.ontariocreates.ca
Documentation Needed:
Applicants must submit the following: 1. Activity Budget (template provided); 2. Activity Details and Plans for each proposed activity (questions provided in OAP application); 3. Company Budget:
a) for comparative purposes, the company budget must include both actual revenues and expenses for the previous fiscal period as well as a forecast of revenues and expenses that correspond to the current fiscal year, and/or to the end of the applicant’s proposed spending window. 4. Business Plan (see requirements); 5. Articles of Incorporation; 6. Financial Statements for the two most recently completed fiscal years. 7. Artists’ contracts/certificate and undertaking (if applicable);
8. Back up confirmation to support confirmed or pending financing; 9. Documentation indicating that eligibility requirements have been met (e.g., proof of release dates, proof of sales, management or recording/licensing agreements); 10. Signed Related Party Transaction form; and 11. Signed Applicant Affidavit.
Other Things to Note:
About the author
Maurice