Copyright
Highlights
This program is a great opportunity for your business. It offers up to $1,000,000 in financing to help you make important purchases. Additionally, you can receive $150,000 for software or day-to-day operating costs.
What You Get
- Up to $1,000,000 in financing
- An additional $150,000 for software or operating costs
The funds can be used for:
- Operating expenses
- Restorations
- New equipment
- Software
- And much more
The key difference between this loan and others is that it is backed by the government. You also get to choose how you pay it back, with up to 15 years to do so. This makes it a flexible and secure option for your business needs.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required.
Eligible Expenses:
- Research and development costs.
- Marketing and promotional activities.
- Equipment purchases.
- Employee training programs.
- Operational costs related to project implementation.
Use of Funds:
- Funds cannot be used for personal expenses.
- Funds cannot be used for debt repayment.
- Funds cannot be used for any activities outside the scope of the approved project.
Fees:
- No application fees.
- No processing fees.
Qualifications
- Must be a small or medium-sized enterprise (SME).
- Must have a Canada Revenue Agency Business Number.
- Business must be operating in Canada.
Must be involved in activities related to intellectual property, such as copyrights.
Disqualifications:
- Businesses not operating in Canada.
- Businesses without a Canada Revenue Agency Business Number.
- Businesses not involved in intellectual property activities.
Description
This program offers your business up to $1,000,000 in funding. You can use up to $500,000 of this amount to buy equipment or improve your rented space.
Eligible purchases include:
- Commercial kitchen appliances
- Manufacturing machinery
- Computers and IT infrastructure
- Renovating a retail space
For other costs like software or operational expenses, you can receive up to $150,000.
The federal government guarantees 85% of the loan, providing a significant safety net for you.
Flexible repayment options are available. You can choose between a variable interest rate, a fixed one, or even a combination of both. You have up to 15 years to repay the loan, regardless of what you spend it on.
Program Steps
Prepare Your Application:
- Gather all necessary information about your business and the work you want to protect.
Collect Required Documentation:
- Proof of identity (e.g., government-issued ID)
- Detailed description of the work
- Date of creation
- Any previous registrations or publications
- Payment information for fees
Register a Copyright:
- Visit the official website to access the online registration form.
- Fill out the form with accurate and complete information.
Submit Your Application:
- Review your application to ensure all information is correct.
- Submit the application online along with the required documentation.
Pay the Fees:
- Use the online payment system to pay the registration fees.
- Ensure you receive a confirmation of payment.
Track Your Application:
- Use the online tracking system to monitor the status of your application.
- Be prepared to provide additional information if requested.
Receive Your Registration Certificate:
- Once your application is approved, you will receive a registration certificate.
- Keep this certificate in a safe place for future reference.