Canada Book Fund Publishers Business Development — Publishing Internships
Highlights
This program is designed specifically for your publishing business. It offers financial support to help you manage the high costs of publishing and improve your competitiveness. By participating, you can receive funding for internships and business planning projects, which are crucial for your growth and sustainability.
What You Get
- Internships: Up to $15,000 for general internships, and up to $22,500 for interns from underrepresented communities.
- Technology Internships: Up to $20,000 for innovative technology strategies.
- Business Planning: Up to $50,000 for developing strategic business plans.
Benefits
- Financial Support: Covers up to 75% of eligible expenses, reducing your financial burden.
- Skill Development: Internships provide valuable training for new professionals, enhancing your workforce.
- Strategic Growth: Business planning projects help you develop effective strategies to improve your operations and competitiveness.
This program is easy to qualify for if you meet the basic criteria, and it provides substantial support to help your business thrive.
Financing Details
Type of Financing: Grant
Repayment Terms and Interest Rates:
- No repayment required.
- No interest rates apply.
Eligible Expenses:
- Salary of an intern, including benefits, during the project period.
- Professional development costs for training interns from Indigenous peoples, Racialized communities, official language minority communities, or those with print disabilities (excluding travel and accommodation).
- Fees to an independent third party for business plan research and analysis.
- Executive training related to business plan development.
- Administration fees.
Ineligible Expenses:
- Salaries of owners, executives, and employees.
- Travel and accommodation expenses for professional development.
- Expenses incurred before April 1, 2024.
Fees:
- No fees associated with the program.
Qualifications
- Must be an individual publishing firm.
- Must have total sales of own titles under $1 million.
- Must have received funding from the Publishing Support sub-component of the Canada Book Fund’s Support for Publishers component in 2023-2024, or from the Canada Council for the Arts’ Supporting Artistic Practice – Literary Publishers program in the most recent funding cycle.
- For publishing internships, must propose an intern who is Canadian.
- Must demonstrate the capacity to provide a productive training environment for the intern.
- Must provide the opportunity for the intern to contribute to the development of the publishing firm.
- Must assign the intern useful work that the organization could not otherwise undertake due to a lack of human or financial resources.
- For technology internships, must place a significant emphasis on the acquisition and application of skills relating to innovative technology strategies in production, marketing, or information management.
- Must include a strategy for knowledge transfer to ensure continued benefit from the intern's work after the internship period.
For business planning, must contribute to the development of a business plan, succession plan, or strategic plan related to significant business shifts.
Disqualifications:
- Proposed interns who are existing employees of the publishing firm.
- Proposed interns who have previously benefited from a Canada Book Fund-funded internship.
Description
This program provides financial support to help your business grow and remain competitive. You can receive up to $50,000 for business planning projects. This money can be used for developing strategic plans, succession plans, or other significant business shifts.
For internships, you can get up to $15,000 to cover the salary and benefits of an intern. If the intern is Indigenous, from a Racialized community, an official language minority, or has a print disability, you can receive up to $22,500. This funding helps you bring in new talent and provides valuable training for future professionals in the book industry.
For technology internships, you can receive up to $20,000 to focus on innovative technology strategies. If the intern meets the same criteria mentioned above, the funding can be up to $20,000. This helps you stay ahead with the latest technology in production, marketing, or information management.
The program covers a significant portion of your expenses, making it easier for you to invest in your business's future. For most projects, the program can cover up to 50% of eligible expenses. For specific groups, such as Indigenous publishers or small literary publishers, it can cover up to 75%. This financial assistance reduces your risk and helps you focus on growth and innovation.
Program Steps
Read the Application Guidelines: Carefully read the application guidelines to understand the requirements and ensure you meet all criteria.
Prepare Documentation: Gather the necessary documents for your application. This includes:
- A project plan
- An intern resume (if applicable)
Complete the Application Form: Fill out the application form with accurate and detailed information about your project.
Submit Application Electronically: Submit your completed application form and supporting documents electronically through the Canadian Heritage Online System.
Meet the Deadline: Ensure your online application is submitted by 5:00 p.m. (Eastern Time) on January 31.
Contact Technical Support if Needed: If you encounter any issues with the online system, contact the technical support team via email at [email protected] or by phone at 819-997-0055 or 1-866-811-0055 (toll-free).
Await Acknowledgement: You will receive an acknowledgment of receipt of your application within two weeks of submission.
Respond to Additional Requests: Be prepared to provide any additional information or documentation if requested during the evaluation process.
Review Funding Decision: Once a decision is made, review the funding decision and any conditions attached to the funding.
Sign Funding Agreement: If approved, sign the funding agreement which outlines the terms and conditions of the grant or contribution.
Submit Interim and Final Reports: During and after your project, submit any required interim and final reports as specified in your funding agreement.
