Amount:
$35,000
Type of Program:
Grant
Description:
Funding under the Tour Support component provides support for the eligible costs associated with tours.
All Comprehensive Music Company Sound Recording component applications must include the creation or licensing of a new, previously unreleased qualifying album.
Comments on Funding:
Funding under this component is at up to 75% of the total eligible budget of the Comprehensive Music Company application or the lesser of a. the approved offer or b. the final subsidy calculation plus administration fee.
The funding limits for the Tour Support component are as follows:
Comprehensive Music Company funding is divided into two phases.
In Phase 1, the maximum available funding is $82,500 per project.
In Phase 2, you may receive an additional $40,000 per project, provided that the funded sound recording has met the qualifying threshold* for the genre. Note that Phase 2 funding must be applied for within the later of two years from the original submission date or six months after the commercial release of the sound recording. Phase 2 funding is only available if the fiscal year maximum has not already been met.
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%.
When It Ends:
Ongoing
Deadline:
Rolling Deadline
Eligibility:
Applications Steps:
Create and submit on Factor online system: a User Profile ((log-in data), an Applicant Profile (data of the person or the company who will be legally and financially responsible for the funded project).
Must have a reviewed and rated Applicant Profile and access to an Artist Profile (something very similar to a CV, information on the artist and his work).
Documentation Needed:
- 1A budget and/or complete project details has/have to be submitted online each time the applicant requests funding for a component of its project, including a description of the goals, expected results, and timelines for completing each component and the project as a whole; a description of the tour, the artist’s commercial history, notable successes, and current opportunities in the territory being toured, along with confirmation that the tour dates have been booked are also needed. Such confirmation could include a performance contract, the booking agent’s itinerary, or an email from the venue or promoter that the tour date is confirmed. These confirmations should include the date, city, venue, capacity, set length and contracted performance fee.
- 2A signed agreement or deal memo for hired musicians and eligible crew must be submitted on application. It should set out at a minimum the names of the contracting parties, a description of the services to be provided, the rate of pay, and the dates for which the person is being hired. A Sample Deal Memo is available on the FACTOR website.
- 3All applications must include the Sound Recording component.
- 4The Tour Support component can be sent for approval in the same application or in subsequent ones. Multiple, repeat component applications are possible as appropriate for the project’s timeline, subject to the program or annual limits.
- 5Recipients must still complete and submit all other sections of the Completion (including Results, Component Information and Public Funding).
- 6In addition, to complete the component and receive the final payment (if any), recipients must
- 7In addition to the above, a cost report and supporting expense documentation are required upon Completion for virtual Tour components. Please refer to FACTOR’s Virtual Performances Guide for more information.
- 8Applicants who prefer to have FACTOR pay certain suppliers directly may submit up to three Letters of Direction.
For in-person Tour components approved after April 1, 2020, a cost report and supporting expense documentation do not need to be submitted upon Completion. However, FACTOR reserves the right to request this information and perform a full or partial audit after reviewing the Completion. Failure to comply could result in a lowered offer or default status in the FACTOR system. Please ensure that you keep invoices, receipts, and proofs of payment for eligible costs.
Other Things to Note:
- 1NEW: Due to the impact of the Covid-19 pandemic on the music industry, eligible activities in the Tour Support component have been expanded. In addition to the travel costs outlined below, the funding can be used for virtual performances. Please refer to FACTOR’s Virtual Performances Guide for more information.
- 2You are obligated as a condition of funding to include the appropriate logos and acknowledgment in all materials created in a FACTOR-funded project. Please review the Logo and Acknowledgment Guide for specific instructions. Remember, the failure to provide appropriate logos and acknowledgment could result in a loss of some or all your funding.
- 3Program guidelines for 2021-2022 were published in July 2021.
