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.Contact
Phone Number: 1-888-338-9378
Website: https://www.canada.ca/en/prairies-economic-development/services/funding/major-festivals-events.html