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:
- $40,000 per FACTOR fiscal year, across all programs for Artist 3;
- $20,000 per FACTOR fiscal year, across all programs for Artist 2 and General. General artists are not eligible for the Video program; however, the Video component is available to General artists through all full-length sound recording and marketing programs.
FACTOR funding under the Video component for all programs is up to 75% of the total eligible budget.
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%.
a) a permanent link to streaming copy of the video(s) (e.g. YouTube, Vimeo, artist’s website): and
b) a Supplier’s Declaration and Undertaking signed by each video producer.
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 2022-2023 were published in April 2022.