Organizations and agencies that provide funding for artists in the music sector, including funding for domestic and international tours, recording, domestic and international showcase events, demos, videos, marketing and promotion include:
Foundation to Assist Canadian Talent on Records (FACTOR)
Support is provided to Canadian recording artsists, songwriters, managers, labels and distributors through various programs which all aid in the development of the industry. Whether an artist is looking to record a demo, full length sound recording, market and promote an already existing album or showcase and tour domestically and internationally, funding is available. FACTOR supports many facets of the infrastructure which must be in place in order for artists and Canadian labels to progress into the international arena. FACTOR started out with an annual budget of $200,000 and is currently providing in excess of $14 million annually to support the Canadian music industry.
Radio Starmaker Fund
Canada Music Fund
The Canadian music industry includes a wide range of creators and entrepreneurs, who create, produce and market original and diverse Canadian music. To help the industry meet new challenges, the Government created the Canada Music Fund (CMF). The CMF is the primary tool implementing the three major objectives of the Canadian Sound Recording Policy, From Creators to Audience, which are:
- to enhance Canadians access to a diverse range of Canadian music choices through existing and emerging media;
- to increase the opportunities available for Canadian music artists and entrepreneurs to make a significant and lasting contribution to Canadian cultural expression; and,
- to ensure that Canadian music artists and entrepreneurs have the skills, know-how and tools to succeed in a global and digital environment.
The CMF consists of five complementary components, each one contributing uniquely to the aforementioned goals.