Ontario Music Investment Fund (OMIF) – Music Creation
The OMIF Music Creation stream supports the development of competitive, sustainable music companies in Ontario that take risks discovering and developing talent – particularly emerging artists – and bringing it to market.
Music Creation provides funding to eligible domestic record labels, multinational record labels and domestic music publishers to support business activities that are focused on: expanding artist rosters; investing in professional recording and production; facilitating job creation; undertaking export market development; enhancing business capacity; and increasing and strengthening diversity within Ontario's music industry.
Offered by Ontario Creates
Amount
Up to $200,000
Up to 40% of the company's two-year average of total annual revenue (to a maximum funding cap of $200,000) per funding cycle; the OMIF contribution may not exceed 50% of the total approved budget; high potential self-releasing BIPOC and Francophone artist-entrepreneurs may request a maximum of $50,000 per funding cycle; minimum request $10,000
Quick eligibility check
Who can apply
Domestic Record Labels*, Multinational Record Labels, and Domestic Music Publishers *Domestic Record Label eligibility may extend to high potential self-releasing BIPOC (Black, Indigenous, People of Colour) and Francophone artist-entrepreneurs. Please see Appendix 1 for more detail re: eligibility criteria by company type.
In order to be eligible, applicants must demonstrate the following general criteria:
ď‚· Be Ontario-based;
ď‚· Be in operation for at least two years prior to application;
 Be able to demonstrate that the company’s principal place of business has been in
Ontario for at least one year prior to the deadline;
ď‚· Be Canadian-owned **;
ď‚· Be incorporated in Ontario or federally (or prepared to incorporate immediately if
the application is successful);
ď‚· Be in a sound financial position;
ď‚· Have minimum annual revenues of $25,000 from core business activities as a
record label or music publisher; and
ď‚· Be in good standing with Ontario Creates at time of application submission.
**excepting Multinational Record Labels Please review the Ontario Creates Program Policies document for information on financial statements and other requirements/logistics.
First-time applicants are encouraged to contact the Ontario Music Office (OMO) a minimum of two weeks ahead of the application deadline to discuss their eligibility.
Applicants that fail to do so may have their application deemed ineligible/incomplete if eligibility is not clearly established in the application.
Exceptions to the eligibility requirements may be considered for applications from companies that are led by BIPOC (Black, Indigenous, People of Colour) or Francophone individuals and applicants that otherwise meet the provincial definition of diversity (see page 11). If applicable, please contact the Ontario Music Office a minimum of two weeks prior to the application deadline to discuss.
Record Labels To be considered eligible for OMIF, domestic and multinational record labels must:
ď‚· have two or more musical artists signed to their roster;
ď‚· derive the majority of their revenue from the exploitation of master recordings of
which they own or have licensed the copyright;
ď‚· hold the master copyright, or license, for a minimum of three Canadian-artist
releases (by different artists) or three Canadian releases as defined by CRTC Canadian Content regulations; and
ď‚· have released at least one Canadian-artist recording within the last 12 months.
Note: Eligibility as a domestic record label may extend to high potential self-releasing BIPOC (Black, Indigenous, People of Colour) and Francophone artist-entrepreneurs. First- time applicants to which this situation applies are strongly encouraged to contact the OMO at least two weeks ahead of application deadline to discuss and receive confirmation of eligibility from the OMO. Such applicants that fail to do so may be deemed ineligible.
Music Publishers To be considered eligible for OMIF, domestic music publishers must:
ď‚· have an active roster of at least two Canadian songwriters;
ď‚· are primarily engaged in acquiring and registering copyrights for musical
compositions;
ď‚· derive the majority of their revenue from authorizing the use of these compositions
in recordings, on radio and television, in motion pictures, live performances, print, multimedia or other media; and
ď‚· own a minimum of 100 original works in the catalogue (with a significant portion of
Canadian content).
About the funding
Funding is provided in the form of direct grants towards a share of the costs of eligible activities. Contributions are non-refundable except in the case of recipient default. The OMIF contribution may not exceed 50% of the total approved budget.
Eligible applicants may apply for up to 40% of the company's two-year average of total annual revenue (to a maximum funding cap of $200,000) per funding cycle.
High potential self-releasing BIPOC and Francophone Artist Entrepreneurs (also subject to the 40% of total annual revenue calculation as above) may request a maximum of $50,000 per funding cycle. The minimum OMIF funding request is $10,000.
Generally, the following milestones will trigger payments:
Show all funding details
ď‚· Execution of the Ontario Creates transfer payment agreement (please see the
Program Policies for a copy of the template agreement);
ď‚· Delivery of interim report(s) and subsequent approval; and
ď‚· Delivery of the completed activities and all deliverables outlined in the funding
agreement and subsequent approval.
Eligible activities may include, but are not limited, to:
ď‚§ Recording, editing, mixing and mastering of music performances at an Ontario
facility by a Canadian artist signed to an Ontario-based, Canadian-controlled music company.
ď‚§ Master licence fees for Ontario-based recordings.**
ď‚§ Video Production incurred in Ontario (i.e. music videos, videos for online marketing
purposes, and video recording of live performances for promotion or sale).
ď‚§ Marketing and promotion activities for new recordings and/or online performances
by Canadian artists signed to the applicant company.
ď‚§ Direct tour costs for an artist signed to the applicant company (including
marketing, promotion, audio/visual and stage design, technical services, travel, transportation, and Canadian crew employed by the artist or applicant). Applicants may include a maximum of $40,000 in total tour support costs per artist (for a maximum OMIF contribution of $20,000 per artist).
ď‚§ Artist development activities focused on acquiring and registering copyrights in
musical compositions (e.g. song camps), and promoting and authorizing the use of these compositions in recordings, on radio and television, in motion pictures, live performances, print, multimedia or other media.
 Business Development activities that contribute to the expansion of a company’s
operational capacity (e.g. human resources enhancement, implementing technology solutions/enhancements to optimize revenue generation and/or enhance customer/audience experience etc.).
ď‚§ Business Travel to national and international activities that correspond to a
strategy for company growth. Please provide dates, location and anticipated meeting contacts. Eligible expenses include market costs (including registration), travel costs, accommodations, per diems (C$75 per day for domestic & C$100/day for international) for a maximum of 3 company representatives for a maximum of 5 trips to a maximum OMIF contribution of $10,000.
*Note: For the purposes of the OMIF, an emerging artist is defined as an artist or group that has not achieved Gold Album status in Canada in the past six years and has had no more than three gold albums in their career (Gold Album threshold is currently 40,000 Album Equivalent Units sold).
**Note: While master license fees are eligible costs, applicants must provide evidence that the original recording was recorded in Ontario, within the past 24 months. Applicants wishing to include master license fees in advance of the recording process must provide a clear rationale for the valuation of the proposed costs, assurance that the recording will occur in Ontario, and identify the timeframe in which the recording will take place. Recipient companies may be required to provide additional documentation at the interim and/or final reporting stage.
Eligible Administrative & Overhead Costs
ď‚§ Costs for items such as staff salaries, office space and corporate services that are
directly used in the delivery of the planned activities (to a maximum of 25% of the total activity costs).
Eligible Labour Costs
ď‚· New Position: The cost of a new position that is being created as a result of the
proposed activity (salaried or contract) may be included as a distinct line item in the activity budget. In the description of the activity, applicants must include an explanation of why the new position is necessary for the undertaking of the proposed activity, and if the position is intended to continue beyond the initial OMIF-supported period, a rationale must be provided for how the position will be sustained by the company.
The Ontario Music Office recognizes that the specific individuals to be hired for proposed roles may not be known as of the time of application. As such, recipient companies will be required at the interim and/or final reporting stage to provide tangible details (e.g. full name, job description, hours worked) regarding new employees/contractors. Please include as much detail as possible at time of application submission.
ď‚· Current/Ongoing Position: A portion of salaries or wages for existing staff or
ongoing contract employees (whether part-time or full-time) that are assigned to work on the proposed activities may be included as part of the “administrative and overhead expenses” section of the budget.
All labour costs included must be undertaken by Ontario-based staff or contract employees, and must be directly related to the proposed activities. Costs related to consultants based outside of Ontario may be considered where a business rationale is presented to demonstrate the necessity of hiring from outside Ontario and the benefits to the applicant company.
Eligible Capital Costs
ď‚· Budget allocations towards capital expenditures such as the purchase of equipment,
materials and/or software are eligible if required for an activity (such as digital infrastructure and innovation).
- Equipment, Materials, and Software: if purchased, amortization value for inclusion in
budget must be calculated using the straight-line method with a prescribed useful life of 24 months; if rented, actual rental cost can be included.
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