Vancouver Music Strategy: Business Foundation Program
$10,000.00
Grant
Description:
The Business Foundations program invests in growing businesses owned by people from systemically excluded groups in B.C.’s music ecosystem, to expand and develop networks, capacity, and infrastructure.
This program is supported through the Vancouver Music Fund and Amplify BC.
Comments on Funding:
Businesses can apply for grants up to $10,000 to support business operations, funding up to 100% of expenses. Successful applicants will receive a 75% advance payment upon signing a funding agreement, and the remaining funds after completion and review of the final report.
Applications are closed. Stay tuned for future intake announcements.
Eligibility:
Applicants must be:
1. Entrepreneurs and small businesses active in BC’s music industry, such as record labels, artist managers, live music presenters, recording studios, and other music-related companies.
2. Small businesses owned by people from systemically excluded groups in B.C.
3. Individuals (sole proprietors), companies (registered businesses), and not-for-profit organizations are eligible to apply and must be:
–Doing business in the music industry
–Working with one or more artists or clients
–Headquartered or residing in B.C. and filing B.C. tax returns if required.
This program supports the following groups:
● Indigenous Peoples: First Nations (Status/Non-status), Métis, or Inuit
● Black (or Afro-Canadian, including Black Caribbean, Black African and others from the African Diaspora)
● People of Colour (this may include Arab, Chinese, Filipino, Japanese, Korean, Latin American,
South Asian, Southeast Asian, West Asian, and people of mixed ancestry)
● People living with one or more Disabilities (including those who live with chronic illness or are neurodivergent)
● People who are Deaf/deaf or hard of hearing
● 2SLGBTQIA+ people: Two-Spirit, lesbian, gay, bisexual, transgender, queer, intersex, asexual, non-binary and gender diverse
Application Steps:
Applicants must submit an online application form. The online application is available on the Creative BC website.
Documentation Needed:
Applicants must complete and submit the following items:
1. Online application form (available at www.creativebc.com)
2. Budget (.xlsx) (template available at www.creativebc.com)
3. Client List (.xlsx) (template available at www.creativebc.com)
4. Self-identification forms completed and submitted individually by all business owners
5. Bios or resumes for business owners
6. Financial statements, in the form of a profit/loss or income statement from the previously completed fiscal year (not required for businesses operating for less than a year)
7. Expressions of support from partners and supporters that speak to the potential or track record of the applicant. These can be provided as informal letters, emails, audio clips, videos, or in other formats.
Required if applying as a company or not-for-profit organization:
1. Business Statement of Registration, Certificate of Incorporation, Society Certificate, OR GST number
2. Recommended materials:
Other supporting documents such as business plans, vendor quotes, confirmed or prospective artist lineups, promotional materials, event calendars
Other Things to Note:
About the author
Maurice