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Alberta Business Grants Ltd.

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Book Publishers Operating Grant:

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Value

Eligible organizations may receive no less than a minimum of $5,000 or more than a maximum of $125,000.

Description

The grant is intended to increase the financial viability and business growth of the Alberta book publishing industry, while still recognizing the cultural importance of the industry as a whole.

Eligible Applicants

To be considered eligible, your organization must be primarily involved in the production of books or ebooks, or both.

Your organization must also:

  • be registered and in good standing in accordance with the appropriate provincial legislation
  • have been in operation in Alberta for at least 12 months prior to application
  • be at least 51% majority owned by an Albertan or Albertans, and the effective managerial and editorial control must reside with the persons who are residents of Alberta
  • publish books by individuals other than the organization’s principals, board members or stakeholders
  • not publish more than 25% of titles by principals or owners of the company, nor accept author payments for services as a regular part of their publishing program
  • be primarily engaged with and generate at least 51% of operating revenues from the creative products mentioned above
  • be physically located in Alberta
  • demonstrate editorial independence, based on their publishing program
  • for publishers who are part of an associated group, companies must be able to prove a reasonable and clear distinction between their publishing programs and their corporate structures
  • have published in the 12 months prior to application at least 2 trade or educational books
  • have at least $15,000 in eligible book sales in the company’s fiscal year prior to applying and no more than $2,000,000 in annual sales averaged over the 3 fiscal years prior to applying
  • organizations associated with a post-secondary institution, such as University Presses must be recognized as a separate department or entity within their institution
    • Post-secondary institutions are not considered eligible.

Eligible Expenses

Core expenses: Eligible expenses for core funding include all normal operating expenses, including but not limited to:

  • administration and programming fees
  • salaries for permanent employees
  • fees for artists or persons under contract
  • repairs and maintenance of equipment and fixed assets
  • renting facilities used in production and presentation programming

Business development expenses:

In addition to regular core operational activities, specific business development activities are included as eligible activities. Applicants may utilize up to 20% of their approved grant for business development activities. This includes initiatives that increase revenues, contribute to growth in terms of business expansion, and increase profitability by building strategic partnerships and making strategic business decisions.

Expenses for business development activities, if claimed, are not eligible for support under the Cultural Industry Organizations Project Grant.

Deadline Date

The intake period is open from April 1 to June 1 annually.

Contact

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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