Digital media developers often struggle to grow their businesses internationally. This missed opportunity can significantly limit revenues and reduce future growth potential; however, government incentives exist to help remove international market barriers. Organizations such as the Ontario Creates (formerly OMDC) provide access to government funding to offset expenses to improve the viability of export market…
The Interactive Digital Media Fund (IDMF) is an Ontario government funding program supporting the development of interactive digital media projects that educate, inform, and/or entertain end users. Applicants are encouraged to apply during two annual intake periods to secure additional project funding and improve their final product. The Interactive Digital Media Fund is divided into three…
Update: Please access this article for current intakes of the Interactive Digital Media Fund. Digital technologies are transforming the way that people live, work, and consume information. To help media production companies keep up with the shift towards interactive, digital content, government grants are available to offset some of the costs associated with product definition and…
The Interactive Digital Media Fund provides Ontario government grants for businesses that are conceptualizing or producing interactive digital media content. Through two unique streams, the program provides small business funding worth up to 50% of project expenses to plan and produce content. Ontario companies may wish to pursue this opportunity if they are producing interactive digital…
Update: Please access this article to learn when to apply for Interactive Digital Media Funding this year. Supporting innovative projects and businesses within Ontario’s digital media industry, the Ontario Media Development Corporation (OMDC) provides a variety of Ontario government funding and business resources to media companies within the province. One of their small business funding…
Ontario’s digital media production industry provides the province with substantial economic benefits. Digital media contributes over $1.5 billion to the Ontario economy on an annual basis and provides full-time employment to more than 16,000 Ontarians. To enhance the competitiveness of Ontario corporations producing digital media, the Ontario Media Development Corporation (OMDC) created and administers the…
Update: Please access this article to learn when to apply for Interactive Digital Media Funding this year. The Ontario Media Development Corporation (OMDC) provides services, programs, and provincial funding initiatives for media producers operating within Ontario. As part of their comprehensive list of funding programs, the Interactive Digital Media (IDM) fund continues to be one of…
The Ontario Media Development Corporation (OMDC) is committed to supporting physical and digital media activity across the province through events, resources, and business funding programs, including the Interactive Digital Media Fund and OMDC Export Fund. The corporation is now planning a specialized meeting in Toronto to provide a forum for Canadian film and television, and…
There are several options for companies engaged in developing interactive digital media products in Canada, including: Ontario government grants, Canadian small business loans, and both national & provincial tax credits. It is important to understand the difference between these funding instruments in order to maximize a digital media firm’s funding potential while improving project scope,…
Ontario Media Development Corporation (OMDC) Ontario government grants program offers up to $12,000 in funding (up to 50% funding) to export ready companies involved in creating products in the interactive digital media field. OMDC Export Fund: Company Eligibility There are some key eligibility factors for these businesses. The applicant company must: Have a primary business…