Support for Eligible Music Companies – Songwriter Support for Music Publishers

By mmuise
Description:

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 three components: Business Travel, Business Development, and Songwriter Support for Music Publishers.
Through the Songwriter Support for Music Publishers component, Music publishers will forecast trips, sessions, and initiatives for a named songwriter. Music publishers may apply for initiatives supporting one or more of their songwriters per FACTOR fiscal year, up to the funding cap.


Comments on Funding:

The funding will take the form of a grant of 50% of the total eligible budget to an annual maximum of:
1. $10,000 for music publishers rated 2, and
2. $20,000 for music publishers rated 3.

An administration fee of 15% of total eligible costs up to a maximum of $300 is offered.

Recipient Accessibility Support Fund: FACTOR grant recipients are eligible for top-up support to their project funding of up to $5,000 each fiscal year, not to exceed $5,000 per project for costs related to accessibility. Eligible costs claimed under this fund will be reimbursed at 100%.

Deadline: Rolling deadline.
Eligibility:

Applicants must be:

  • artist manager 2 or 3;
  • music distributor 2 or 3;
  • record label 2, 3, 4;
  • music publisher 2 or
Application Steps:

Applicants must:

1. create a user profile on the FACTOR application platform;

2. create an applicant profile (of the individual, partnership, or corporation that will enter into a general agreement with FACTOR if funding is offered);

3. create an artist profile (an artist profile provides FACTOR with a snapshot of the artist’s music career thus far. This helps FACTOR determine artist profile ratings and program eligibility);

5. create a project and choose the project components;

6. fill and validate the application one calendar day in advance of departure.

Documentation Needed:

Applicants must:
1. submit a Business Development Plan;
2. submit a detailed budget;
3. submit proof of payment upon Completion;
4. submit banking information for direct deposit;
5. compile and organize all invoices, receipts and proofs of payment; then enter the amounts being claimed into the FACTOR Cost Report, which can be downloaded from the Budget page of the Completion. Applicants must upload the Cost Report and all related expense documentation, then complete and submit all other sections of the Completion (including Budget, Results, Component Information and Public Funding).

Other Things to Note:

1. Program guidelines for 2023-2024 were published in April 2023.
2. Funding for this program is provided by Canada’s Private Radio Broadcasters.
3. As a condition of funding, the applicant must also provide the appropriate logo and acknowledgment in their production, and on any press and marketing materials, promotional items, posters, flyers, advertisements, media releases, mass emails, websites and audio-visual materials produced under this program.

About the author
mmuise