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Interactive Digital Media (IDM) Fund: Production and Concept Definition

Grants to Ontario Media Production Companies
for the Creation of Digital Media Content

Agency Type:

State

Funding Source:

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Ontario Creates - Interactive Digital Media (IDM) Fund

Deadline Date:

08/24/20 5:00 PM

Description:

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Grants to Ontario media production companies for the creation of digital media content. Some applicants are required to contact program staff prior to submitting an application. Funding is intended to support projects and activities that will positively impact the Province’s economy.

The Ontario Creates Interactive Digital Media (IDM) Fund Concept Definition and Production programs provide IDM content creators with funding for high quality, original interactive digital media content projects that make a positive contribution to the Ontario economy.

  • Concept Definition: Will support early-stage activities that take place prior to and assist the applicant company in preparing for full production of a content project. The types of activities that may be supported include but are not limited to prototype creation, preparation of pre-production documents and pitch material, business planning, and research.
  • Production: Will support the creation of complete market-ready content projects that are intended to be experienced by the end user on a digital media platform, network or device that is capable of interactivity. The types of projects that may be supported include but are not limited to video games, XR content projects, mobile content applications, websites, and web series.

The objectives of the IDM Fund are to:

  • Support the creation of high quality, original, interactive digital media content projects by Ontario companies for commercial exploitation;
  • Assist in capitalizing Ontario content companies creating interactive digital content projects; and
  • Contribute to the financing of projects that make a positive contribution to the Ontario economy.

More information about eligible projects and activities can be found here: https://ontariocreates.ca/uploads/Industry_Initiatives/ENG/Content-and-Marketing/IDM-Fund/Ontario-Creates-IDM-Fund-Guidelines_en.pdf#page=4.

To be eligible for the Ontario Creates IDM Fund the content project that is the subject of the application must fall into one of two categories: Proprietary Content or Partner-owned Content. For details, see https://ontariocreates.ca/uploads/Industry_Initiatives/ENG/Content-and-Marketing/IDM-Fund/Ontario-Creates-IDM-Fund-Guidelines_en.pdf#page=6.

Ontario Creates facilitates economic development opportunities for Ontario’s cultural media industries including book and magazine publishing, film and television, music and interactive digital media industries. For more details about the eligible publishing activities, see https://ontariocreates.ca/uploads/Industry_Initiatives/ENG/Content-and-Marketing/IDM-Fund/Ontario-Creates-IDM-Fund-Guidelines_en.pdf#page=12.

GrantWatch ID#:

GrantWatch ID#: 175125

Estimated Size of Grant:

- Concept Definition: $10,000 - $50,000
- Production: $25,000 - $250,000

Term of Contract:

The applicant must begin incurring expenses no later than 90 days after notification of Ontario Creates’ decision or the award will expire.

Projects must be completed with all expenses incurred and all deliverables provided to Ontario Creates according to the following timelines or the Ontario Creates' commitment to advance further monies will expire:
- Concept Definition - within 15 months of notification of the decision (12 months for Concept Definition activities and 3 months for preparation of financial reporting documents)
- Production - within 30 months of notification of the decision (24 months for Production activities and 6 months for preparation of financial reporting documents)

Additional Eligibility Criteria:

Applications will be accepted from established and new companies.

Established Companies must meet one of the following tests:
- At least 25% of the company’s revenue over the previous two fiscal years comes from the creation of completed screen-based content projects;
- At least 50% of the company’s expenditures over the previous two fiscal years are associated with the production of interactive digital media content projects that would be considered eligible for the Ontario Creates IDM Fund; or
- At least 50% of the company’s revenue over the previous two fiscal years comes from eligible publishing activities and related brand extensions of the core business (i.e. trade shows, website, television properties). They must also have at least one owner or full-time employee with a minimum full-time equivalent of three years of experience in the creation of content for interactive platforms, networks or devices.

A company is considered new if it has less than a year of operation or it has not yet released a product.New companies must:
- Have an executive team with the experience and commitment required to deliver and commercialize the project including at least one owner or full-time employee with a minimum full-time equivalent of three years of professional experience in the publishing or interactive digital media content production industries;
- Be majority-owned by individuals that have a recent track record of working in Ontario;
- Be prepared to incorporate immediately if their application is successful; and
- Meet the relevant eligibility criteria for established companies on incorporation.

Applications from all companies must also meet the following requirements:
- Be Ontario-based: have a permanent establishment in Ontario which serves as head office and base of operations (i.e. applicant is eligible to pay corporate income taxes in Ontario; and Ontario address is listed as head office in T2 filing); companies with more than 365 days of operation must be able to demonstrate that they had a permanent establishment in Ontario for at least one year prior to the deadline.
- Be a Canadian-owned organization; as defined in the Investment Canada Act (Canada).
- Be incorporated in Ontario or federally or prepared to incorporate immediately if their application is successful;
- Be in a sound financial position; and
- Be in good standing with Ontario Creates at time of application submission.

The following companies are ineligible:
- A company that is not in good standing with Ontario Creates or one that is associated with an entity that is not in good standing with Ontario Creates; and
- Not-for-profit and public sector entities.

In addition, applications should be submitted by the primary corporate entity and not the single purpose production company.

Technologies, tools, platforms, hardware, software, services, etc. without a content component are ineligible.

For a list of ineligible projects, see https://ontariocreates.ca/uploads/Industry_Initiatives/ENG/Content-and-Marketing/IDM-Fund/Ontario-Creates-IDM-Fund-Guidelines_en.pdf#page=5.

Pre-Application Information:

Deadlines:
- April 6, 2020 by 5:00 pm and August 24, 2020 by 5:00 pm

New companies and first-time applicants are required to contact Ontario Creates in advance to determine their eligibility.

Applicants are strongly encouraged to start the application process well in advance of the deadline in case technical support is required.

Successful applicants are eligible to receive a non-refundable contribution capped at 50% of the project budget.

Companies and their affiliates may submit up to two applications per deadline ranked in order of preference.

Companies must spend at least twice the contribution received from the Ontario Creates IDM Fund on Ontario expenses. Applicants that spend a greater percentage of their budget in Ontario will receive a higher score in the appropriate decision category. In addition, a minimum 10% of the total project budget is required as a cash contribution from a source other than Ontario Creates.

The Ontario Creates IDM Fund will only act as a last-in participant in project financing. All financing required in addition to Ontario Creates' contribution including investment by the applicant or other investors must be committed in writing at the time of application and supported by appropriate documentation. All deferrals, discounts and other non-cash contributions must be supported in writing.

Successful applicants will receive IDM Fund support during the course of the program, triggered by pre-determined deliverables as follows:
- 60% on execution of the Ontario Creates agreement;
- 15% on delivery of an interim report;
- 15% on delivery of the completed project and a final report; and
- 10% on delivery of financial reporting documents.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply Online:
https://apply.ontariocreates.ca/

Kim Gibson
Program Consultant
Interactive Digital Media
Phone: 416-642-6651
Email: kgibson@ontariocreates.ca

Chris Dunn
Program Consultant
Interactive Digital Media
Phone: 416-642-6687
Email: cdunn@ontariocreates.ca

URL for Full Text (RFP):

Geographic Focus:

Canada: Ontario;

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