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IP Fund – Linear Content stream

The IP Fund is intended to drive economic growth in Ontario’s screen sectors by investing in activities that support the production and exploitation of innovative, high-quality, consumer-focused content.

The IP Fund – Linear Content stream supports Development and Production phases for:

 feature film; and

 digital series

Offered by Ontario Creates

Amount

Non-repayable contribution: requests from $5,000 minimum to $25,000 maximum, up to 50% of Ontario spend; production maximum request $400,000 (Drama) / $200,000, up to 10% or up to 30% of Ontario spend depending on project type (Digital Series with Ontario spend over $2M may get up to 10%, max $400K)

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
Incorporated
Location
Ontario

Who can apply

The production company must be:

 a Canadian-owned and controlled organization1;

 incorporated in Ontario or federally and registered in Ontario and if not incorporated

at time of application, prepared to incorporate immediately if application is successful;

 Ontario-based1;

 able to demonstrate a principal place of business in Ontario (Ontario-based) if the

company has more than 365 days of operation for at least one year prior to the deadline;

 private sector/for profit;

 in sound financial position (including all associated companies); and

 in good standing with Ontario Creates.

If the applicant is a successful funding recipient, they must continue to have a principal place of business in Ontario for the funding duration.

Applications should be submitted by the primary corporate entity and not a single purpose production company.

The Individual Producer(s) must:

 be Ontario residents and Canadian citizens within the definition of the Citizenship Act

or permanent residents within the definition of the Immigration and Refugee Protection Act (Canada);

 for Feature Film:

See Ontario Creates Program Policies for definitions.

  1. have a Producer credit on a dramatic or documentary feature film theatrically

released in Canada; or

  1. have a Producer credit on a television movie, a dramatic or documentary series,

or two one-hour documentaries that have been broadcast in Canada;

 for Digital Series:

  1. meet the criteria for Feature Film as above or have a Producer credit on a

season of a digital series publicly released to an audience (see Minimum Episodes and Exploitation requirements below).

 the Lead Ontario Producer applicant must be able to demonstrate a portion of IP

ownership of the project.

Ontario Creates will consider applications from producers who do not meet the applicant producer requirements provided an Ontario based qualifying executive producer who does meet the above qualifications is attached to the project. Applicants must seek pre- approval of the qualifying executive producer by Ontario Creates prior to application. The qualifying executive producer must provide a signed letter outlining their involvement in and commitment to the project.

All Projects Project Must be intended to meet the Production eligibility requirements below.

Activities Must commence after the application has been submitted.

Must be completed within 15 months of notification of the decision.

Drama (incl. Animation) Documentary Digital Series Minimum $1 million $500,000 Budget Minimum 75 minutes Three (3) episodes length/ episodes Principal Must commence after application submission.

Photography Must be shot in Ontario (excluding coproductions and factual content).

CANCON Must be either eligible for certification as a Canadian Production by CAVCO; as a treaty coproduction by Telefilm Canada and by coproducers equivalent certifying body; or eligible to receive Canadian Program certification from the CRTC.

Exploitation Productions with budgets Documentaries may Acceptable online Less than $3.5 million apply without a platforms include without a confirmed Canadian distributor subscription-based Canadian distributor must in place but must video-on-demand include a marketing plan have a commitment (SVOD), advertising- that demonstrates how the from a Canadian based video-on- film will be commercially broadcaster or demand (AVOD), exploited in Canada, and streaming service free ad-supported internationally if available in Canada streaming TV appropriate. and include a (FAST), hybrid marketing plan that video-on-demand See Appendix 1. demonstrates how (HVOD), the film will be transactional video- Productions with budgets commercially on-demand (TVOD), $3.5 million and over must exploited in Canada, or other models, as have a Canadian distributor and internationally if long as the platform attached to the project. appropriate. makes productions The distributor must commercially commercially exploit the See Appendix 1. available for viewing film in Canada, and by the public via internationally if download or appropriate. While not streaming. required, the application can be strengthened with a Projects intended marketing plan. for broadcast television are not See Appendix 1. eligible.

See Appendix 1.

About the funding

The IP Fund is a last-in participant in financing and will provide a non-repayable

contribution as follows:

All Projects Request $5,000 – minimum request $25,000 – maximum request Funding Caps Up to 50% of Ontario spend* Confirmed All financing in addition to Ontario Creates must be confirmed at Financing application.

Drama (incl. Animation) Documentary Digital Series Maximum $400,000 $200,000 Request Funding Up to 10% of Ontario spend* Up to 30% of Caps Ontario spend** Confirmed At least 70% of financing in addition to Ontario Creates must be confirmed Financing at application. To calculate the 70% requirement of confirmed financing, exclude your Ontario Creates request or any financing under review from other recognized industry funding programs (Telefilm, Bell Fund, Independent Production Fund, Canada Media Fund, NOHFC, Shaw Rocket Fund, Eurimages, etc.) within the corresponding deadline/timeframe.

Show all funding details

Other Confirmed financing at Confirmed financing at application stage Factors application stage must must include:

include an investment from  an investment from at least one third-

at least one third-party party private or public source (not private or public source including tax credits) (not including tax credits) OR

 demonstrated market interest,

presented in the Marketing and Sales Strategy (see Appendix 1) and/or through evidence of meaningful third- party interest

  1. Ontario spend is the portion of the budget allocated to Ontario residents for labour AND

budget allocated within the province for goods and services.

** Digital Series projects with Ontario spend over $2M may be eligible for up to 10% of Ontario spend, max $400K. Please contact ipfund@ontariocreates.ca to discuss your project and business rationale.

All Production financing must be confirmed within 16 weeks of the application deadline and in advance of Ontario Creates’ conditional award letter. Fully financed projects (excluding Ontario Creates) supported with appropriate commitment documentation at the time of application will be prioritized in the decision process. If successful, additional documentation will be required to confirm project ownership and financing.

Successful applicants who are Deaf or disabled may be eligible for supplementary funds for accessibility expenses required to complete their project deliverables.

Successful applicants will receive the full amount awarded upon execution of contract.

Applicants must also complete an interim report, and a final report upon completion of the project, including submission of final deliverables as per the agreement.

Successful applicants will receive funding as follows:

 50% on execution of the agreement

 40% on the completion of principal photography or delivery of animatic and layout

 10% on receipt and acceptance of the final cost report / audited statement of

production costs and final deliverables.

Supplementary funding support may be available to support successful projects with on- set training and mentorship initiatives. Details will be provided to successful applicants.

Stages All stages of development activities are eligible for support. Projects may be supported one time only through the Development stream. Activities may include one or more of the following phases:

 Story Optioning – First Option or Option Renewal

 Treatment to Final Draft

 Polish and Package

Expenses Eligible development expenses include, but are not limited to:

 Option fees, including those for literary work;

 Research costs;

 Writer and story editor fees;

 Story consultant fees;

 Community or Diversity consultant fees;

 Casting fees and expenses;

 Location scouting;

 Demo reel;

 Sustainability research/planning for an environmentally-friendly set;

 Producer’s fees and corporate overhead;

 Legal and administrative fees;

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