Support for Eligible Music Companies is the introductory program in FACTOR’s Company laneway. Through it, FACTOR provides funding to new and emerging companies for business development initiatives that support the marketing and promotion of the company and its services, domestic and international travel to support the company’s development objectives, as well as funding for music publishers to support songwriter initiatives
This program consists of three components, Business Development, Business Travel, and Songwriter Support for Music Publishers.
- Artist Manager 2 or 3
- Music Distributor 2 or 3
- Record Label 2
- Record Label 3
- Music Publisher 2 or 3
Only Eligible Music Companies that have an approved Applicant Profile with a company rating of 2 or higher are eligible to apply for this program.
The Business Development application deadlines for fiscal 2025-2026 are July 17 and October 23, 2025.
Note that FACTOR will only approve one Business Development component application per Applicant per FACTOR fiscal year. Applicants must submit a Business Development Plan with the template provided by FACTOR, outlining the nature and scope of the project. FACTOR will only recognize expenses related to eligible activities occurring within the FACTOR fiscal year (April 1 to March 31).
Business Travel and Songwriter Support for Music Publishers:
Rolling deadline. Applications must be submitted to FACTOR at least one calendar day before departure, and no earlier than six months in advance.
For Business Development and Business Travel: FACTOR may provide investment support of 50% of the total eligible budget to an annual maximum of $7,500 per Applicant company rated 2, and up to an annual maximum of $15,000 per Applicant company rated 3, per FACTOR fiscal year, across both components.
For Songwriter Support for Music Publishers: Music Publishers may access this third component. FACTOR may provide investment support of 50% of the total eligible budget to a maximum of $2,500 for Music Publishers rated 2 or 3. This amount is in addition to the Business Development and Business Travel cap.
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 application deadline, or date of application (Business Travel).
