CMF — Iteration Program

• 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

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

• First-come, first-served basis until resources are depleted

• Step 1: Review guidelines and required documents
  • Review the program guidelines, the IDM Core Guidelines, and the business policies.
  • Consult the list of required documents and application guides.
• Step 2: Prepare the application
  • Complete the work plan and business plan forms.
  • Prepare the budget and cash flow form.
  • Gather required supporting documents and commitment letters.
• Step 3: Submit in Dialogue
  • Create or use your Dialogue account and organization profile.
  • Fill in the application form and upload all required documents.
  • Check the statement box and submit the application online.
• Step 4: After submission
  • Keep the confirmation number for your records.
  • Follow any requests for additional information from the CMF.

• 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.

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.