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, domestic and international travel to support the company’s development objectives, as well as funding to music publishers to support songwriting initiatives.
Read the program guidelines.Download PDF
For Business Development, there are two rounds of application deadlines.
Round 1 – May 21, 2020
Round 2 – October 22, 2020
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 2020 – March 31 2021).
Multiple Business Travel applications can be submitted throughout the year, subject to the Program and Component Guidelines.
Multiple Songwriter Support for Music Publishers 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 May 21, 2020 for Round 1, or October 22, 2020 for Round 2.
Business Travel and Songwriter Support for Music Publishers are rolling deadlines.
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)
- For Songwriter Support for Music Publishers: $10,000 per Applicant companies rated 2, and $20,000 per Applicant companies rated 3. This funding is in addition to the Business Development and Business Travel maximums.
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.