Business ii: Business Development
$2,500.00
Grant
Description:
The Business Development Stream supports Eligible Music Companies by investing in development projects. Investment is available for initiatives that are not artist-specific, but that support the marketing and promotion of the company, full roster and its services.
Comments on Funding:
Level of Investment: Business III – Maximum Request $2,500
Percentage of Investment – 50% of total budget to max investment
March 15 June 15 September 15 December 15
Eligibility:
The applicant must be:
1. a Business II business (must meet the following eligibility criteria):
a) Business Registered with Nova Scotia Registry of Joint Stocks;
b) In Business for at least 2 (two) years;
c) Must have CRA Business Number;
d) Must demonstrate a minimum gross income of $20,000 per year from Business Activities (grant income excluded); or
e) For Artist Managers, must represent at least two artists who meets the Artist II criteria or one artist who meets the Artist III criteria in Music Nova Scotia’s Programs;
f) For Record Labels, must control the master rights to 3 commercially released qualifying releases (one of which must have been released in the past 18 months). Must have releases by at least two artists who meets the Artist II criteria or one artist who meets the Artist III criteria in Music Nova Scotia’s Programs;
g) For Publishers, must control the publishing rights to 5 commercially released qualifying releases. Must control releases by at least two artists who meet the Artist II criteria or one artist who meets the Artist III criteria in Music Nova Scotia’s Programs;
h) For clarity, references to artists meeting the criteria in Music Nova Scotia’s programs are for the purpose of establishing the level of the artists represented. Business clients are not required to represent Nova Scotia clients so long as their business is registered and operates in Nova Scotia;
Application Steps:
Applicants must:
1. Complete the Applicant Profile webform at least one (1) week prior to submitting an application by following this link: https://musicnovascotia.formstack.com/forms/company_applicant_profile
2. Complete online application webform by following this link:
https://musicnovascotia.formstack.com/forms/business_development_application_2021
Documentation Needed:
Applicants must submit a clear and defined Business Development Plan detailing what activities you intend to undertake, what value and impact these activities have for your career or business, and how you will measure the results of your project. Your plan must include a budget of all expenses you will incur.
Other Things to Note:
About the author
Maurice
