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CMF — Iteration Program
Iteration Program supports previous FMC-funded digital media projects
Last Update: May 1, 2026
Funding available
$ 350,000
Timeline
- Open Date : October 1, 2024
- Closing date : March 31, 2025
Location
Canada
Overview
The Iteration Program is a pilot initiative that supports the creation of new content or significant features for previously CMF-funded interactive digital media projects with proven market success. It offers up to 75% of eligible costs or $350,000, whichever is less, and may also support porting to new digital platforms and localization for new language markets.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop an online presence
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 350,000 $
- Up to 75% of project cost
Timeline
- Open Date : October 1, 2024
- Closing date : March 31, 2025
Eligible candidates
Eligible Industries
- Information and cultural industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Other Racialized Persons
- Black Canadians
- Canadians
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Creation of new content or significant new features for an existing CMF-funded project
- Porting an existing project to a new digital platform
- Localization of the content for new language markets
Documents Needed
- Declaration of Canadian status and corporate information, if applicable
- Narrative Positioning Attestation
- Work Plan and Business Plan
- Budget and cash flow form
- Financing commitment letters or agreements
Eligibility
Who is eligible?
- Companies in interactive digital media
- Applicants with previously CMF-funded IDM projects
Who is not eligible
- Projects already funded through the Iteration Program
- New projects or sequels
Eligible expenses
- Creation of new content, features, or levels
- Porting and localization costs
- Content preparation, team salaries and contracts, and technology infrastructure
- Travel, accommodation, audit fees, and other technical or administrative expenses
- Marketing, promotion, and reasonable sustainability-related costs
Ineligible Costs and Activities
- Previously incurred costs
- Costs already funded by the CMF
- Financing new projects or sequels
- Costs incurred before project submission
- Ineligible funding sources such as loans, sweat equity, free work, future revenues, and deferred salaries from non-shareholders
Eligible geographic areas
- Canada
Processing and Agreement
- Applications are reviewed on a first-come, first-served basis until funds are depleted or the deadline is reached.
- Eligible projects are assessed under the CMF decision process and program guidelines.
- If approved, the applicant must sign a financing agreement before funding is released.
- Interim financing may be available through a Notice and Direction form, with a hypothec required for Quebec applicants.
Additional information
Here are additional relevant details for this grant:
- The Programme aims to support interactive digital media projects that have proven success in the market.
- Funding is distributed on a "first-come, first-served" basis until funding is exhausted or the application deadline is reached.
- A minimum of 30% of the program's budget is reserved for projects that reflect diversity or achieve parity.
- If there is an oversubscription of applications, funding may be distributed proportionally, or projects eligible for funding may be selected based on FMC's criteria of equity, diversity, parity, and regional representation.
- The exploitation and reporting period for projects funded through the Programme will be extended from seven to ten years.
- The standardized recoupment policy from the original production phase project contract will continue to apply to the Program's recovery policy.
Frequently Asked Questions about the CMF — Iteration Program Program
Here are answers to the most common questions about the CMF — Iteration Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the CMF — Iteration Program?
The Iteration Program is a pilot initiative that supports the creation of new content or significant features for previously CMF-funded interactive digital media projects with proven market success. It offers up to 75% of eligible costs or $350,000, whichever is less, and may also support porting to new digital platforms and localization for new language markets.
How much funding can be received?
CMF — Iteration Program Funds up to 75% of admissible expenses, capped at $350,000 per project.
What is the deadline to apply?
The application deadline for this grant program was March 31, 2025.
Who is eligible for the CMF — Iteration Program program?
To be eligible for the CMF — Iteration Program program, you must:
Previously CMF-funded IDM project
Available in Canada
One application per fiscal year
What expenses are eligible under CMF — Iteration Program?
Creation of new content or significant new features for an existing CMF-funded project
Porting an existing project to a new digital platform
Localization of the content for new language markets
Who can I contact for more information about the CMF — Iteration Program?
You can contact Canada Media Fund (CMF).
Where is the CMF — Iteration Program available?
The CMF — Iteration Program program is available across Canada.