Culture and Communications Investment Fund
- Open Date : November 14, 2019
- Closing date : June 24, 2024
Overview
Quasi-equity loans for performing arts, publishing, audiovisual, recording, radio, television, multimedia and digital companies.
At a glance
Funding available
- Increase performance through digital transformation
- Develop a new product or service
- Optimize production processes
- Varies by project
- Open Date : November 14, 2019
- Closing date : June 24, 2024
Eligible candidates
- Information and cultural industries
- Arts, entertainment and recreation
- Quebec
- For-profit business
- Social economy enterprise
- Non-financial cooperative
- All revenue ranges
- All organization sizes
- All groups
Next Steps
Activities funded
The Culture and Communications Investment Fund supports projects focused on the creation, production, and dissemination of cultural content in Quebec. Eligible activities primarily serve businesses in the social economy and cultural sectors, promoting growth and innovation in various artistic and media fields.
- Creation of cultural content in performing arts, publishing, audiovisual, and multimedia sectors.
- Production support for recording, radio, and television projects.
- Dissemination activities to increase the reach and accessibility of cultural works.
- Development of technological support services for content companies.
- Innovative business model development within cultural industries.
- Market expansion and product marketing for cultural enterprises.
- Mergers and acquisitions to consolidate industry sectors in Quebec or internationally.
Eligibility
Who is eligible?
FICC services are available to cultural enterprises with share capital and social economy enterprises, including NPOs and co-ops, situated in Quebec, that focus on creating, producing, or distributing cultural content and providing technical or technological support services to such businesses.
- Cultural enterprises with share capital.
- Non-profit organizations (NPOs) located in Quebec.
- Cooperatives (co-ops) located in Quebec.
- Enterprises working in performing arts, publishing, audiovisual, recording, radio, television, multimedia, and digital sectors.
- Companies providing technical or technological support to content businesses.
Who is not eligible
This grant is tailored to cultural enterprises with specific eligibility requirements, thereby excluding certain other types of companies. Restrictions emphasize aligning resources with entities that contribute to cultural and communicative advancements.
- Non-cultural enterprises whose primary activities do not include the creation, production, and dissemination of cultural content.
- Companies that do not have share capital or are not part of the social economy, such as NPOs and co-ops.
- Enterprises without a physical presence or business operations in Quebec.
- Industries not focused on performing arts, publishing, audiovisual, recording, radio, television, multimedia, or digital sectors.
Eligible expenses
This grant supports projects and activities that enhance the cultural sector in Quebec through various innovative and growth-oriented initiatives. The eligible projects aim at strengthening companies dedicated to producing and distributing cultural content, as well as fostering technological advancement and business transformation within the sector.
- Company growth initiatives focused on expanding cultural enterprises.
- Marketing and market expansion projects for cultural products and services.
- Development of new business models to improve the cultural industry.
- Technological innovations that facilitate the creation and dissemination of cultural content.
- Mergers and acquisitions aimed at consolidating industry sectors within Quebec or internationally.
- Succession projects ensuring the continuation of cultural company contributions to the industry.
- Projects showcasing outstanding quality or originality in cultural products or services.
Eligible geographic areas
The Culture and Communications Investment Fund is accessible to enterprises located in Quebec. This focus ensures that the funding supports regional cultural growth and development.
- Companies having a place of business in Quebec.
Additional information
Here are additional relevant details for this grant:
- FICC favors projects that contribute to the growth and consolidation of the cultural sector in Quebec or internationally.
- The investment process includes a thorough analysis of the company's achievements and market data.
- Partnerships involve leveraging FICC's team expertise and business network to support company development.
- FICC may invite other financial partners to co-invest to overcome traditional financial barriers.
- Companies must comply with agreements from key cultural unions and organizations.