Support for Eligible Music Companies
The Support for Eligible Music Companies Program provides funding for business development initiatives that support the marketing and promotion of the company and its services, as well as domestic and international travel to support the company’s development objectives.
Read the program guidelines.Download PDF
Components in this program
This program consists of two components, Business Development and Business Travel.
- Business Development
- Business Travel
For Business Development, there are two rounds of application deadlines.
Round 1 – April 25, 2019
Round 2 – October 24, 2019
Applicants must submit a Business Development Plan with the template provided by FACTOR, outlining the nature and scope of the project. All Business Development projects must be scheduled to take place within the FACTOR fiscal year (April 1 2019 – March 31 2020).
Multiple Business Travel applications can be submitted throughout the year, subject to the Program and Component Guidelines.
Business Development Applications must be submitted by 11:59 PM PT on April 25, 2019 for Round 1, or October 24, 2020 for Round 2.
Read FACTOR’s Glossary of Standard Terms and Business Policies.
Funding & Payments
Funding in this program is a grant. FACTOR will contribute 50% of the Total Eligible Budget to a maximum of:
- $7,500 per Applicant companies rated 2 (max limit across both components)
- $20,000 per Applicant companies rated 3 and 4 (max limit across both components)
FACTOR staff assess the eligibility of the projects and costs and make a recommendation to the Board of Directors for their approval. Assessment time is six to eight weeks from the date of application.