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Alberta Business Grants Ltd.

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Company Envelope: Mid-Tier | FACTOR

March 31, 2024

Value

The maximum funding level for individual companies is up to $100,000; affiliated companies are capped at $150,000.

Description

Company Envelope: Mid-Tier is intended to serve businesses between FACTOR’s entry level Support for Eligible Music Companies programs and the Company Envelope: Top-Tier program. It is designed for increased flexibility for eligible activities and expenses during the program year.

Eligible Applicants

Canadian companies which invest in: the production and promotion of sound recordings by Canadian artists, tours and showcases by Canadian artists, publishing of Canadian musical works, and the management of Canadian artists.

Specifically, record labels, music publishers, and artist managers. Artist managers must have the competencies to advise their artists on all matters related to their musical careers and are actively involved in promoting their artists’ music and need to control rights if applying for recordings or publishing activities.

Companies which undertake concert production activities may be eligible if they demonstrate responsibility (i.e. artistically and financially) for all aspects related to the live activities of their artists. This relationship must be enshrined in a contract between the company and their artists.

Eligible Expenses

The maximum funding level for individual companies is up to $100,000; affiliated companies are capped at $150,000. The percentage of FACTOR’s contribution is 50% of total eligible expenses.

Deadline Date

The intake deadline for fiscal 2024-2025 (April 1 – March 31) has passed.

Contact

Contact Name: FACTOR

Phone Number: 416-696-2215

E-mail Address: info@factor.ca

Website: https://www.factor.ca/programs/company-envelope-mid-tier/

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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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