Canada Media Fund – Experimental Stream: Selective Programs: Commercial Projects Program

ByMaurice

Description:

The objective of the Commercial Projects Program is to fund projects that have a greater probability of commercial success. Projects will be evaluated based on their potential to attain stated commercial objectives, demonstrate business opportunity and achieve profitability.

Comments on Funding:

Funding will take the form of a recoupable investment of up to a maximum of 75% of the project’s eligible costs or $1.5 million.

Eligibility:

“The applicant must be either:

  • a company that:
    a) is a for-profit (i.e., a taxable Canadian corporation, within the meaning of Canada’s Income Tax Act) production company;
    b) is Canadian-controlled as determined in sections 26 to 28 of the Investment Canada Act;
    c) has its head office based in Canada;
    d) is in good standing with all applicable talent and industry associations and guilds;
  • or a Canadian Broadcaster, such as:
    a) a Canadian programming undertaking, public or private, licensed to operate by the Canadian Radio-television and Telecommunications Commission (CRTC);
    b) an online service owned, controlled and operated by a Canadian CRTC-licensed programming undertaking;
    c) an online service owned, controlled and operated by a Canadian broadcasting distribution undertaking (“BDU”), licensed to operate by the CRTC;
    d) CRTC-licensed VOD services.”

Applications Steps:

“Applicants must:

1

carefully review the program guidelines and all reference documents before submitting an application;

2

review the PERSONA-ID by Program document to confirm if the program requires them or their team to register to the CMF PERSONA-ID Self-identification system;

3

register online to create their Dialogue accounts on the Telefilm website and complete the funding application;

4

sign the contract, if the project is approved.”

Documentation Needed:

“Applicants must submit:

  1. a completed dialogue application form with persona-id # entered in the applicable sections;
  2. team description (max. 5 pages);
  3. C.V. for each team member (max. 3 pages per cv);
  4. project summary (max. 1 page);
  5. project description for publication in the media (max. 2,000 characters);
  6. description of content and form (max. 15 pages);
  7. support material;
  8. budget and cashflow;
  9. financing commitment letters or agreements / co-production agreement;
  10. description of the applicant’s financial stability (max. 1 page);
  11. revenue model description (max. 5 pages);
  12. market study and marketing (max. 10 pages);
  13. letters or agreements with market channel partners, if applicable;
  14. declaration of the corporation’s Canadian status, and its shareholders and directors;
  15. certificate of incorporation of the applicant;
  16. financial statements (for the last three years and, if applicable, for the co-applicant and your parent companies).
    “

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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