Global Market Development Fund – Book
Last Update: January 24, 2025
ON, Canada
Money for Ontario export-ready book publishers
Global Market Development Fund – Book at a glance
Eligible Funding
- Max. $15,000
- Up to 50% of project cost
Timeline
- Closing date : August 8, 2024
Financing Type
Grant and Funding
Eligible Industries
- Information and cultural industries
Grant Providers
- Government of Ontario
- Ontario Creates
Status
Closed
Overview of the Global Market Development Fund – Book program
Grants to cover up to 50% (at a maximum of $15,000) for a publishing company’s eligible expenses to engage in international business and book market development activities.
Financing terms and conditions
The Global Market Development Fund – Book offers strategic financing options to enhance participation in international business activities. The funding terms are designed to maximize support for eligible Ontario companies.
- Eligible applicants can receive funding up to 50% of the total costs, capped at $15,000.
- Funding is dedicated to specific activities such as targeted sales trips and attendance at international market events.
Eligible projects & activities
The Global Market Development Fund – Book supports Ontario companies in engaging in international market activities to foster business growth and develop international market presence. Eligible activities are aimed at increasing sales and market penetration through strategic overseas initiatives.
- Targeted sales trips to international markets to promote products and services.
- Participation in international market events to showcase company offerings and engage with potential partners and clients.
Examples of admissible projects:
$ 1,750
Attending the Guadalajara International Book Fair to explore Latin American markets
$ 3,750
Participation in the Frankfurt Book Fair to develop European market connections
$ 1,800
Sales and marketing trip to Australia to expand into the Oceania market
$ 2,250
Sales trip to Japan to promote Canadian literature and secure translation deals
Eligibility criteria of the Global Market Development Fund – Book program
Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.
- The applicant must be an Ontario-based company.
- The company must be registered with the Ontario Creates Online Application Portal (OAP).
- The proposed activities should be international in nature, aiming at company growth and market development.
- Activities must include targeted sales trips or attendance at international market events.
Who is eligible?
Eligible companies for the Global Market Development Fund – Book include those involved in the book sector in Ontario. These companies must meet specific criteria as outlined in the guidelines.
- Ontario-based book publishers
- Ontario-based literary agents
- Ontario-based book distributors
Eligible expenses
The Global Market Development Fund for books supports Ontario companies in expanding their reach by participating in international projects. Key activities focus on enabling international presence and engagement through organized business efforts.
- Targeted sales trips to international locations.
- Attendance at international market events for networking and promotion.
Eligible geographic areas
This grant is provided by Ontario Creates and targets companies based in a specific geographical area. Companies must be located within Ontario to be eligible for this funding.
- Companies located in Ontario, Canada.
Eligibility criteria of the Global Market Development Fund – Book program
Yes, there are specific evaluation and selection criteria for the Global Market Development Fund - Book grant. These criteria ensure that applicants meet the necessary requirements and that the proposed activities align with the program's objectives.
- Relevancy and Potential Impact: Evaluation of the proposed activities to ensure they support company growth and produce measurable business and market development results.
- Eligibility: Verification that the applicant meets the program's eligibility requirements as outlined in the guidelines.
- Budget: Assessment of the proposed budget, keeping in mind that the funding is capped at 50% of the total costs for all activities and up to $15,000.
- Pre-Approved Activities: Confirmation that the proposed activities are within the list of pre-approved activities for the program.
- Benchmarks: Compliance with fixed benchmarks for travel and accommodation costs.
- Completeness: Completeness and accuracy of the application, including all required documents and corporate information.
How to apply to the Global Market Development Fund – Book program
1
Register on Ontario Creates Online Application Portal (OAP)
- Navigate to the OAP website: https://apply.ontariocreates.ca/.
- If you do not have an account, click on “Register” to create a user account.
2
Prepare Company Information
- Ensure your company’s corporate information is registered with the OAP.
- Verify that your company is correctly registered if you already have an account.
3
Familiarize Yourself With Program Guidelines
- Download and thoroughly read the Global Market Development Fund – Book Guidelines from Ontario Creates.
- Note any changes made in the 2024-25 program, including application and reporting requirements.
4
Attend Information Sessions (Optional)
- Register for the information sessions hosted by Ontario Creates by completing the online registration form.
- Attend Webinar #1 on April 11, 2024, from 2:00 pm - 3:30 pm ET or Webinar #2 on April 24, 2024, from 10:30 am - 12:00 pm ET, if desired.
5
Complete the Application Form
- Log into the OAP and locate the Global Market Development Fund - Book program on your dashboard.
- Click on “Start new application” and fill out the application form following the onscreen directions.
- Save and review your application information as you enter it.
6
Submit Application
- Ensure all application details and documents are complete and accurate.
- Submit the finalized application via the OAP by the deadline of May 1, 2024, 5:00 pm EST.
7
Confirmation of Submission
- Receive an automated confirmation email with your application reference number upon successful submission.
- Keep this confirmation for your records as proof of submission.
Additional information
Here are additional relevant details for this grant:
- The program has undergone several changes for the 2024-25 period, including the elimination of funding tiers based on eligible sales revenue and a simplified change of activity process.
- There is a pre-approved list of activities that applicants must follow.
- The application must be submitted via the Ontario Creates Online Application Portal (OAP), and no other submission methods will be accepted.
- Technical support for the OAP is available via email for any setup or submission issues.
- Two "Office Hours" webinars are available for applicants to gain further insights and address questions.
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