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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
Official resources
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
Selection criteria
- First-come, first-served basis until resources are depleted
How to apply
1
Determine Eligibility
- Review the eligibility criteria in the Programme d’itération and the MNI — Module principal des Principes directeurs.
- Ensure your project meets the specific requirements, such as previous funding from the FMC and revenue or unit sales criteria.
2
Prepare Application Materials
- Prepare a brief project proposal outlining the new phase of work.
- Create a business plan and audience/market plan demonstrating targets for the new phase.
- Develop a budget detailing the expenses related to the new work phase.
3
Submit Application
- Use the FMC's application portal to submit the complete application package.
- Provide all necessary documentation as outlined in the Program's guidelines.
- Submit the application on a first-come, first-served basis before the funding runs out or the deadline passes.
4
Await Decision
- The FMC will review applications as per their decision process.
- Applicants will be notified of the funding decision once made.
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
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.