Company Envelope: Mid-Tier
Company Envelope: Mid-Tier is intended to serve businesses between FACTOR’s entry level Support for Eligible Music Companies programs and the Company Envelope: Top-Tier program. It is designed for increased flexibility for eligible activities and expenses during the program year.
Frequently Asked:
Where to find the application?
Applications must be submitted through FACTOR’s portal. Access is granted via your applicant rating – please contact EnvelopeFunding@factor.ca if you believe you are eligible, but do not have the required rating to apply.
I have existing JSR projects remaining active/generating expenses after the Mid-Tier intake. Will the costs be honoured or lost?
Recipients in the Mid-Tier of the Company Envelope program may apply for and maintain juried programs on behalf of their artists if they meet all eligibility criteria. Please see the Company Envelope program guidelines for detail.
Can an applicant apply budget to activities not yet set in stone – i.e. signing an artist to our roster mid-way through the year and investing in their career?
Yes, budget for these potential expenditures – with all possible realism.
Do I include all expenses (flight, accommodations, per diem, registration fees) when attending a conference?
Yes, include all expenses as the travel costs normally put through SEMC are now included in your annual Envelope funding plan.
Read the program guidelines.
Download PDFComponents in this program
There are no components outside of the main Company Envelope: Mid-Tier funding in this program.
Program Components
- Company Envelope: Mid-Tier
Deadlines
The intake deadline for fiscal 2024-2025 (April 1 – March 31) has passed.
Read FACTOR’s Glossary of Standard Terms and Business Policies.
Funding & Payments
The maximum funding level for individual companies is up to $100,000; affiliated companies are capped at $150,000. The percentage of FACTOR’s contribution is 50% of total eligible expenses.
Assessment Process
For full details on how applications are assessed make sure you read the program guidelines.
Contributions to Canadian music companies will be determined on two main criteria:
- The companies’ ability to reach audiences (assessed based on the applicant’s recent revenues and recent investments); and,
- The companies’ efforts to develop the careers of Canadian artists, to promote and develop audiences (based on an assessment of the business plan, including planned investments).
As Company Envelope: Mid-Tier funding provides financial support for companies’ investment plans in their Canadian artists in the upcoming fiscal year, the bulk of the budget is allocated via assessments of those plans. The budget is divided across the three assessment steps: 40% on revenue, 30% on recent investments and 30% for planned investments.
Ready to apply?
- Read the Program Guidelines:
Download PDF - Learn About
Profiles & Ratings - Learn About
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application