Comprehensive Artist – Showcase

By mmuise
Description:

Funding under the Showcase component must be used to support a performance for a target audience of music industry professionals.


Comments on Funding:

Funding under this component is at up to 75% of the total eligible budget or the lesser of a. the approved offer or b. the final subsidy calculation plus administration fee.
The funding limit for the Showcase component is $7,500 per artist of which a maximum of $5,000 can be spent on domestic showcasing and up to the full $7,500 on international showcasing, across all programs. This means that regardless of what program you apply under, or which Applicant applies, the amount of Showcase funding available for the artist will not exceed $7,500 in each FACTOR fiscal year.

Funding under this program (Comprehensive Artist with all components) is divided into two phases:
Phase 1, the maximum available funding is $82,500.
Phase 2, you may receive an additional $40,000, provided that the funded sound recording has met the qualifying threshold (unit sales, streams, and radio activity) for the genre. Note that Phase 2 funding must be applied for within the later of two years from the original submission date or six months after the commercial release of the sound recording.

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: -
Eligibility:
  • Canadian Artists rated 3, Canadian record labels rated Approved, 2, 3, 4 provided the artist is rated 3, MEC-supported companies and Recipients of Envelope Funding provided that the artist is rated 3*.
  • The artist must be Canadian.
  • Artists who have ever had Music Canada Platinum Album Certification in Canada, and/or worldwide sales of any one album of 100,000 units or more, and/or worldwide sales of all album releases equaling 200,000 units or more (including stream-equivalent albums per Music Canada Certification process) might be considered exceptions for program eligibility by FACTOR's Board of Directors.
  • Only the party that controls the Canadian commercial release rights and exclusive Canadian exploitation rights to the sound recording at the time of application may apply.

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.

Documentation Needed:

Applicants must submit:
1. a budget and/or complete project details online each time applicants apply for a component of their project, and to describe the goals, expected results, and timelines for completing each component and the project as a whole.
2. A signed agreement or deal memo for hired musicians and eligible crew must be submitted on application. It should set out at a minimum the names of the contracting parties, a description of the services to be provided, the rate of pay, and the dates for which the person is being hired. A Sample Deal Memo is available on the FACTOR website.
3. include a showcase confirmation (such as an official invitation or a performance contract);
4. provide specific details as to the strategic merits of the showcase in the Goals section of the application;
5. upload a list of industry personnel whom you have invited to the showcase, including their name, title and company;
6. all other sections of the Completion (including Results, Component Information and Public Funding). In addition, to complete the component and receive the final payment (if any), recipients must:
a) submit proof of performance that the showcase performance took place (any of the following: flyers, posters, programs, print ads, photographs, ticket samples, videos, live show reviews from external publications, or confirmations from publicists/promoters/radio promoters); and
b) If there is a change of personnel, appliants must indicate those changes in the Eligible Travelers table in the Component Information section of your Completion and provide an explanation of the changes in the “variance” box within that section. They must also submit corresponding deal memos for any new eligible travelers.
7. a cost report and supporting expense documentation are required upon Completion for virtual Showcase components. Please refer to FACTOR’s Virtual Performances Guide for more information.
8. a void cheque from their bank account;

Other Things to Note:

1. Applicants are obligated as a condition of funding to include the appropriate logos and acknowledgment in all materials created in a FACTOR-funded project. Please review the Logo and Acknowledgment Guide for specific instructions. Remember, the failure to provide appropriate logos and acknowledgment could result in a loss of some or all your funding.
2. In 2022 the program guidelines for 2022-2023 were published April 2022.

About the author
mmuise