Alberta Media Fund: Cultural Industry — Book Publishers Operating Grant
$125,000.00
Grant
Description:
The Book Publishers Operating Grant provides funding to help cover operating and specific business development related expenses related to the production of books. The grant is intended to increase the financial viability and business growth of the Alberta book publishing industry, while still recognizing the cultural importance of the industry as a whole.
Comments on Funding:
Eligible organizations may receive no less than a minimum of $5,000 or more than a maximum of $125,000.
Grants are calculated using a formula. A coefficient is assigned based on the applicant’s sales revenue. Second, the number of eligible titles published in the 12 months preceding the application deadline is identified. The coefficient and the number of eligible titles published are multiplied together, and then multiplied by the sales revenue. The total is divided proportionately within the program budget.
Sales revenue threshold under $10,000 : 4 Coefficient
Sales revenue threshold $10,001 to $100,000 : 2 Coefficient
Sales revenue threshold $100,001 and over : 1 Coefficient
June 1 annually
Eligibility:
Applicants must:
1. Be a book publisher
2. Be registered and in good standing in accordance with the appropriate provincial legislation;
3. Have been in operation in Alberta for at least 12 months prior to application
4. Be at least 51 percent majority owned by an Albertan or Albertans, and the effective managerial and editorial control must reside with the person(s) who are residents of Alberta
5. Publish books by individuals other than the organization’s principals, board members, or stakeholders
6. Not publish more than 25 per cent of titles by principals or owners of the company, nor accept author payments for services as a regular part of their publishing program
7. Be primarily engaged with and generate at least 51 per cent of operating revenues from the creative products mentioned above;
8. Be physically located in Alberta
9. Demonstrate editorial independence, based on their publishing program
10. For publishers who are part of an associated group, companies must be able to prove a reasonable and clear distinction between their publishing programs and their corporate structures
11. Have published in the last full calendar year at least 2 trade or educational books;
12. Have at least $15,000 in eligible book sales in the company’s fiscal year prior to applying and no more than $2,000,000 in annual sales averaged over the three fiscal years prior to applying
13. Organizations associated with a post-secondary institution, such as University Presses must be recognized as a separate department or entity within their institution. Post-Secondary institutions are not considered eligible.
Application Steps:
Applicants must:
1. Review the Book Publishers Operating Grant Guidelines to review the program and application requirements
2. Create an online profile for new applicants. Request access to set up an online profile prior to filling out an application. To set up a profile, complete the GATE Front Office Registration form and email it to: registrationamf@gov.ab.ca. Login credentials will be emailed.
3. Complete the application package and log in to the Online Grant Application System to begin the application and submission.
Documentation Needed:
Applicants must submit:
1. A brief description of the organization, including the mandate;
2. Organizational details, such as revenues and expenses;
3. A list of all eligible book titles; and
4. If applicable, information pertaining to business development activities and outcomes from the prior
application year.
5. Annual corporate registry documents (annual return) showing the organization’s legal name,
shareholder/director breakdown and standing;
6. The organization’s most recent annual financial statements, accompanied by:
a. Grants over $50,000 require a Review Engagement Report prepared by a designated accountant;
licensed to practice in Alberta;
b. Grants over $25,000 require a Compilation Engagement Report prepared by an accountant; or
c. Grants of $25,000 or less require a detailed financial statement approved and signed by two board
members other than the Treasurer, or if a sole proprietorship a copy of the most recent T2125 tax form.
7. Promotional materials from the previous year, such as catalogues; and
8. A minimum of two books published in the last full calendar year sent by mail is required.
Other Things to Note:
Grant deadline is June 1 annually at 11:59 pm MST.
If the grant deadline falls on a weekend, the deadline date will be extended to the next business day. The grant intake window will open 60 days prior to the grant deadline.
About the author
Maurice
