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Alberta Business Grants Ltd.

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Major Festivals and Events Support Initiative (MFESI) in the Prairie provinces:

none

Value

Budget of $200 million over 2 years.

Description

The Major Festivals and Events Support Initiative supports major Canadian festivals and events that have been hit hard by the economic impacts of COVID-19 to adapt and enhance their activities as the economy recovers. With a national budget of $200 million over 2 years, the initiative will ensure continued operations and maintain local jobs in surrounding communities.

Eligible Applicants

Not-for-profit organizations and for-profit organizations

Eligible Expenses

Eligible festivals and events:

Major, recurring festivals and events with annual revenues exceeding $10 million.

Eligible activities:

  • liquidity needs to ensure continued operations or adapt activities to new, pandemic-related realities and requirements
  • enhanced product and experience offering so that they can better position themselves to move into the new economy, in compliance with current health standards as defined by the relevant public authorities

Types of financial assistance

  • contributions to not-for-profit organizations (NPOs) are generally non-repayable
  • contributions to for-profit organizations are generally repayable

Deadline Date

Ongoing.

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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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