Ontario Creates – Ontario Music Investment Fund – Music Creation


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.


Applicants must:

  • be domestic Record Labels;
  • be multinational Record Labels;
  • be domestic Music Publishers;
  • demonstrate the following:
    a) be incorporated in Ontario or federally (or prepared to incorporate immediately if the application is successful);
    b) have a permanent establishment in Ontario which serves as head office and base of operations (i.e., applicant is eligible to pay corporate income taxes in Ontario; and Ontario address is listed as head office in T2 filing);
    c) be Canadian-owned and controlled, as defined in the Investment Canada Act (Canada) excepting Multinational Record Labels;
    d) have key management personnel who are Canadian citizens or permanent residents of Canada living in Ontario;
    e) be financially solvent and an ongoing entity;
    f) have minimum annual revenues of $25,000 from core business activities as a record label or music publisher;
    g) be able to demonstrate that they have had a permanent establishment in Ontario for at least one year prior to the deadline; and
    h) be in good standing with Ontario Creates at time of application.

Eligibility as a domestic record label may extend to high potential self-releasing BIPOC (Black, Indigenous, People of Colour) and Francophone artist-entrepreneurs.

Applications Steps:

Applicants must:

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:


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    The previous deadline was on September 15, 2022.

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