Company Envelope: Top-Tier
Company Envelope: Top-Tier funding for music companies is allocated once a year for a recipient to undertake a suite of activities fostering the development of Canadian artists and the promotion of their music. This can include expenses related to the production and marketing of sound recordings, domestic and international tours and showcases, music publishing, artist management and business development activities.
Components in this program
There are no components outside of the main Company Envelope: Top-Tier funding in this program.
Program Components
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 $600,000; affiliated companies are capped at $800,000. The percentage of FACTOR’s contribution is up to 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 Envelope 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: 20% on revenue, 20% on recent investments and 60% for planned investments.
Ready to apply?
- Read the Program Guidelines:
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