Envelope Funding for Music Companies
Envelope Funding for Music Companies is allocated once a year for a recipient to undertake a suite of activities fostering the development of Canadian artists and the promotion of their music. This can include expenses related to the production and marketing of sound recordings, domestic and international tours and showcases, music publishing, artist management and business development activities.
Read the program guidelines.Download PDF
Components in this program
There are no components outside of the main Envelope Funding in this program.
- Envelope Funding
Application materials must be uploaded to the Applicant Profile in the FACTOR portal by April 15, 2020, 11:59 pm Pacific Time.
Read FACTOR’s Glossary of Standard Terms and Business Policies.
Funding & Payments
The maximum funding level for individual companies is $650,000; affiliated companies are capped at $800,000. The percentage of FACTOR’s contribution is 50% of total eligible expenses.
Funding in this program is calculated based on an application detailing the applicant’s recent success (revenues from the last 3 fiscal years) and investments (eligible expenses) for the coming year, compared with applications from peer companies.
Revenue Assessment (40%): Applicants are scored on the ratio of planned investments to the company’s revenues. This will establish separate funding levels for small, medium and large companies for purposes of peer comparison in the investment assessment.
Investment Assessment (60%): Applicants are scored in the following areas:
- Investments in new artists – to account for the CMF’s objective to help ensure the continued development of new Canadian artists (see definition in Glossary)
- Investments in artists from CMF priority groups – in support of diversity and inclusion policy priorities, incentivizing investments in Indigenous artists, as well as Francophone artists from official language minority communities and artists from visible minorities.
- International investments – in support of the CMF’s objective to develop audiences for Canadian artists outside of Canada.
- Analysis of the company’s organizational capacity and ability to make the planned investments, as demonstrated through the Business Plan, public funding history, and financial ratios.