Global Market Development for Music Managers
Highlights
This program is designed for Ontario-based music management companies like yours. It offers up to $10,000 in funding to support your participation in national and international activities that align with your growth strategy. This funding can help you achieve measurable business and market development results, such as increased sales, financing, licensing deals, audience awareness, media coverage, and partnership development.
Why should you apply?
- Direct grants cover up to 50% of eligible activity costs.
- Boost your market presence by attending key events and executing targeted activities.
- Achieve clear, measurable results that align with your company's growth objectives.
Qualifying for this program is straightforward, and the application process is designed to be user-friendly. By securing this funding, you can significantly enhance your business's growth potential and market reach.
Financing Details
Type of Financing: Direct Grant
Repayment Terms and Interest Rates:
- No repayment required.
- No interest rates applicable.
Eligible Expenses:
- Market event attendance.
- Targeted activities supporting market development strategy.
- Costs related to national and international activities that align with company growth strategies.
Ineligible Expenses:
- Capital expenditures (e.g., purchase of equipment, software).
- General operational costs not directly tied to the market development strategy.
Fees:
- No fees associated with the grant application or disbursement.
Qualifications
- Must be an Ontario-based music management company.
- Must be primarily engaged in representing or managing musicians and musical groups.
- Must have a permanent office in Ontario.
- Must be registered in Ontario.
- Must provide a matching contribution towards eligible activities.
Must demonstrate clear, measurable results aligning with the program objectives.
Disqualifications:
- Businesses not based in Ontario.
- Businesses not primarily engaged in music management.
- Businesses without a permanent office in Ontario.
- Businesses unable to provide a matching contribution.
- Businesses unable to demonstrate measurable results.
Description
This program offers you up to $10,000 in funding to help your music management company grow. You can use this money for activities like attending market events or other targeted efforts that align with your business growth strategy.
You will need to match the funding provided, ensuring you are equally invested in the success of these activities. This helps maximize the return on investment for both you and the program.
The funding is designed to produce measurable results, such as increased sales, new licensing or publishing deals, greater audience awareness, and more media coverage. This support can significantly boost your business's market presence and development.
Program Steps
Register on the Online Application Portal (OAP):
- Visit Ontario Creates Online Application Portal.
- If you do not have a user account, click on “Register” to create one.
Attend an Information Session (Optional but Recommended):
- Register for the Ontario Creates Webinar Session.
- Complete the online registration form by 5:00 pm ET on the day prior to the webinar.
Prepare Necessary Documentation:
- Financial Statements:
- Most recent fiscal year and the previous fiscal year.
- Business Plan:
- Company history, team, market position, short/long-term goals, SWOT analysis, risk management plans.
- Activity Budget Template:
- Detailed budget for the proposed activities.
- Applicant Affidavit:
- Signed affidavit confirming the accuracy of the information provided.
- Certificate of Insurance:
- General liability insurance with specific coverage requirements.
- Market Development Strategy:
- Strategy outlining national and international activities for company growth.
- Financial Statements:
Compile Additional Information:
- Corporate Information:
- Ensure your company’s corporate information is registered with OAP.
- Measurable Outcomes:
- Define clear, measurable results that align with the program’s objectives.
- Corporate Information:
Contact Ontario Music Office (OMO):
- Email OMO at least two weeks ahead of the application deadline to discuss eligibility and application details.
- Email: [email protected]
Submit the Application:
- Log in to the OAP and complete the application form.
- Upload all required documents and information.
- Save your progress and review the application before submitting.
Review and Edit:
- Ensure all information is accurate and complete.
- Make any necessary edits or additions before the final submission.
Submit Before Deadline:
- Submit the completed application by the specified deadline (June 19, 2024, at 5:00 PM ET).
Await Review and Approval:
- The application will be reviewed by Ontario Creates.
- Be prepared to provide additional information if requested.
Receive Funding:
- Upon approval, discuss final terms and conditions.
- Funds will be disbursed to support your eligible activities.