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 through two components: Business Travel and Business Development. Please note that the Songwriter Support for Music Publishers component is currently on hold and will be launched at a separate time.
Read the program guidelines.Download PDF
Applications can be submitted at any time prior to October 21, 2021.
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, 2021 to March 31, 2022).
Rolling deadline. Applications must be submitted to FACTOR at least one calendar day before departure, and no earlier than six months in advance.
Read FACTOR’s Glossary of Standard Terms and Business Policies.
Funding & Payments
Funding in this program is a grant. FACTOR will contribute 75% of the Total Eligible Budget to a maximum of:
- $7,500 per Applicant companies rated 2 (max limit across both components per FACTOR fiscal year)
- $20,000 per Applicant companies rated 3 and higher (max limit across both components per FACTOR fiscal year)
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).