Radio Starmaker Fund

By mmuise
Description:

The Radio Starmaker Fund supports emerging artists with star potential from every region of Canada. The aim is to allocate funding in such a way that it has a direct impact on artists and supports their marketing and touring initiatives both in Canada and abroad in a way that will make a difference.


Comments on Funding:

Funding amounts for bundles are capped at:
- $20,000 for domestic marketing applications;
- $5,000 to $10,000 for international marketing applications depending on the territory.
The Significant Investment is a crucial element to the application process and must be true out of pocket, non-recoupable, 3rd party spending. It will be used to determine the level of Radio Starmaker funding applicants will be eligible to receive in a Domestic Marketing application. For major label releases the funding may be matched up to a maximum of 100% of the investment (if the applicants'' Significant Investment is $30,000, applicants can potentially receive up to a maximum of $30,000 in funding from the Radio Starmaker Fund). For independent label releases the funding may be matched up to a maximum of 200% of the investment (if your Significant Investment is $30,000, you can potentially receive up to a maximum of $60,000 in funding from the Radio Starmaker Fund).

Funding for record labels will cover:
- non-recoupable marketing spends made in Canada.
- any non-recoupable portion of music videos capped at an allowance of $35,000 per music video as a qualified contribution to “Significant Investment”. Please make sure to include the date the music video was shot and the fact the significant investment you enter is non-recoupable, should you choose to include music video as a Significant Investment. The maximum amount the Radio Starmaker Fund will acknowledge in Significant Investment for music videos in conjunction with a release will be a total of $100,000.

Deadline: Continuous Intake
Eligibility:

Applicants must be:

  • Canadian artists/acts with a sales track record;
  • Canadian independent record labels;
  • Canadian artist management;
  • part of the English-language music industry;
  • be providing “Significant Investment” in the project. The Significant Investment is a crucial element to the application process. It will be used to determine the level of Radio Starmaker funding applicants will be eligible to receive in a Domestic Marketing application. a) Minimum major label spending required to establish a “Significant Investment”:
    - $15,000 (pop/rock/hip-hop/r&b/country);
    - $10,000 (folk/electronica);
    - $5,000 (global/blues/jazz/classical/Aboriginal artists).
    b) Minimum indie label or independent artist spending required to establish “Significant Investment”:
    - $10,000 (pop/rock/hip-hop/r&b/country);
    - $7,000 (folk/electronica);
    - $5,000 (global/blues/jazz/classical/Aboriginal artists).
    There is no minimum Significant Investment amount necessary for subsequent applications after an initial Domestic Marketing approval for a release.
Application Steps:

Applicants must complete their applications on-line via the Radio Starmaker Fund website. To view a copy of a sample application and to find out more about the Radio Starmaker Fund, please visit the website at www.starmaker.ca or for more information please contact the Radio Starmaker Fund at 416-597-6622.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

The Radio Starmaker Fund was created in the fall of 2000 on the initiative of the Canadian Association of Broadcasters and approved by the CRTC. It is a private fund which has as its stated purpose to "make a substantial and discernable difference to the careers of Canadian artists" by providing substantial incremental investment where the artist has established a proven track record and his or her label is making a Significant Investment in their future career.

About the author
mmuise