What's New > Emergency Support Fund for Canada’s Live Music Sector Now Open to Applicants
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Of the $50 million announced for fiscal 2021-2022 from Budget 2021, this program constitutes Stream One: $25 million for Canada’s live music sector.
The purpose of this program is to help Canadian live music companies and organizations operating in Canada who are facing financial pressures due to public health directives in place to address the COVID-19 pandemic.
The majority of companies and organizations targeted by this program are not regular beneficiaries of the Canada Music Fund (CMF); emergency funding for these types of companies and organizations is a recognition of the essential nature of the live music sector in achieving the objectives of the program. Thus, the temporary financial support will allow companies and organizations in Canada’s live music sector to continue to exist during and beyond the pandemic and ultimately to continue i) to produce and promote a diversity of Canadian music in a world of choice ii) to be competitive at home and abroad and iii) to contribute to Canada’s creative economy.
Funding will be allocated based on eligible revenues from each applicant’s last completed fiscal year prior to the pandemic.
Funding is subject to availability of funds and submitting an application does not guarantee funding.
The deadline to apply is September 2, 2021, at 5:00pm ET.
Note: It is important applicants ensure the financial aid from this Emergency Support Fund for the Live Music Sector program will not be applied against expenses already financed by other COVID-19 relief measures from the federal government or any other provincial or municipal program.
ALL DETAILS HERE: http://www.factor.ca/live/