Amount:
No Fixed Amount
Type of Program:
Grant
Description:
Video component funding is intended to pay for the cost of producing high-quality music videos and visual content that supports sound recordings by Canadian artists, such as hiring a producer, videographer, video editor, production personnel and talent, rental equipment and facilities, and post-production.
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 total eligible budget of the Comprehensive Music Company application.
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.
The funding limits for the Video component are:
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:
Applicant must:
- 1submit online a budget and/or complete project details 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 .
- 2submit a production plan and video treatment that outlines the creative direction of the video content, including notes on script, action, “look and feel”, and so on, where applicable.
- 3compile and organize all invoices, receipts and proofs of payment; then enter the amounts being claimed into the FACTOR Cost Report, which can be downloaded from the Budget page of the Completion. Applicants must upload the Cost Report and all related expense documentation, then complete and submit all other sections of the Completion (including Budget, Results, Component Information and Public Funding).
- 4submit (In addition to the program Completion requirements) to complete the Video component:
- 5submit up to three Letters of Direction, if they prefer to have FACTOR pay certain suppliers directly.
All applications must include the Sound Recording component. The Video 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.
Other Things to Note:
Program guidelines for 2021-2022 were published in July 2021.