Comments on Funding:
Funding under this component is at 50% of the total eligible budget. The amount of funding provided shall be proportionate to the scope, reach, and impact of the project.
Recipient Accessibility Support Fund: FACTOR grant recipients are eligible for top-up support to their project funding of up to $5,000 each fiscal year, not to exceed $5,000 per project for costs related to accessibility. Eligible costs claimed under this fund will be reimbursed at 100%.
FACTOR’s contribution plus any other public funding cannot exceed 100% of the project’s total eligible budget.
Eligibility:
Applicants:
- Incorporated Applicants must be Canadian-owned and controlled.
- Not-for-profit associations must be governed by a majority Canadian Board of Directors, membership must be over 50% Canadian, and their principal business purpose is central to the career development of Canadian music artists.
- The event or project must have been operating for at least two years prior to the date of application; or, for new or first-time projects, the Applicant must show at least two years of significant and related experience necessary to undertake a project of that nature.
- Copyright collectives, funding organizations and charities are ineligible.
Eligible activities/projects:
- an event featuring multiple artists with whom the applicant has no business relationship;
a large & established music industry conference or festival; - a large & established workshop series or business training program for music industry professionals;
- projects involving showcase performances, professional development, or networking for the music community with no creation of sound recordings or artist assets;
- a showcase with export-ready artists and international delegates.
As a condition of funding, you must also provide the appropriate logo and acknowledgment in your production, and on any press and marketing materials, promotional items, and audio-visual materials produced under this program.
Applications Steps:
Applicants must:
- create an applicant profile (of the individual, partnership, or corporation that will enter into a general agreement with FACTOR if funding is offered);
- create a project and choose the project components;
Documentation Needed:
- A proposal that includes the event’s details, history, projected audience, marketing/publicity plan and a discussion of the specific outcomes that are expected to be generated for the participating artists;
- A list of participating artists with proof of artist participation (signed offers/email correspondence);
- A list of confirmed or tentative delegates and their associated country invited to the showcase;
- A budget detailing all expenses and revenue streams for the project (previous: A detailed budget outlining all projected and confirmed revenue, indicating whether private or public in nature, as well as all intended expenditures for the project. The budget must highlight any in-house, donated/non-cash and related-party transactions.)
- Supporting documents that demonstrate the potential success of the project in relation to the program’s objectives, and could include a marketing plan, statistics, or documentation from previous events, etc.
- Applicant’s experience in producing export showcases.
- Diversity and Inclusion Policy for their organization. Not-for-profit organizations must also include policies for management and Board of Directors positions within the organization.
- Until further notice, all Applicants who apply for in-person activities must submit contingency plans and budgets for what their event will look like if COVID-19 prevents their initiative from continuing as planned.
- Recipients are expected to collect and report to FACTOR data regarding the scope and success of the project. In most cases, the recipient will be required to draw their reporting data from a survey of participating artists/companies. Statistics on event attendance, number of delegates, number of artists participating, and broadcast views shall be collected and reported by the Recipient, when applicable, and as appropriate to the nature of the project.
- The Completion for the project, include all their invoices, receipts and proofs of payment for expenses on the Cost Report, a detailed report on the project itself, including notes on successes, failures, and major variances from the project as initially proposed and approved, photos of FACTOR and Canada Wordmark logo placement on printed materials and signs, marketing and publicity activity, upon project completion.
- An independent audited cost report on Completion, if a recipient of $100,000 or more in funding per project.
- An event update 60 days before the event date to let FACTOR know of any changes to their event format/budget. Based on this event update, advances will be issued.
- To receive FACTOR funding, applicants must submit banking information for direct deposit.
Other Things to Note:
Collective Initiatives Program Guidelines – Updated April 1, 2022
For provincial/territorial music industry associations only: Applications for the full year’s export programming must be submitted by February 1, 2023.
When It Ends:
Ongoing
Deadline:
Period Three Deadline: December 1, 2022 for events occurring between February 1, 2023 to July 31, 2023.
Period Four Deadline: March 1, 2023 for events occurring between May 1, 2023 – October 31, 2023.