Global Market Development Fund – Book
ON, Canada
Money for Ontario export-ready book publishers
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateMarch 25, 2022
- grant_single|closingDateMay 01, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Information and cultural industries
grant_single|grantors
- Government of Ontario
- Ontario Creates
grant_single|status
grant_card_status|closed
grant_single_labels|preview
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.
grant_single_labels|projects
The Global Market Development program supports Ontario companies participating in international activities aimed at company growth and market development. Primary eligible activities include targeted sales trips and attendance at international market events.
- Targeted sales trips
- Attendance at international market events
grant_single|admissibleProjectsExample
$1,750
Vancouver
Attending the Guadalajara International Book Fair to explore Latin American markets
$3,750
Toronto
Participation in the Frankfurt Book Fair to develop European market connections
$1,800
Calgary
Sales and marketing trip to Australia to expand into the Oceania market
$2,250
Montreal
Sales trip to Japan to promote Canadian literature and secure translation deals
grant_single_labels|admissibility
The Global Market Development program provides funding for Ontario companies to participate in international activities that support company growth and market development.
- Must be an Ontario-based company.
- Must be in the book publishing sector.
- Participation in international activities that support company growth and produce measurable business and market development results.
- Eligible costs must align with the list of pre-approved activities.
- Applicants must register their company's corporate information with the Ontario Creates Online Application Portal (OAP).
grant_eligibility_criteria|who_can_apply
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
grant_eligibility_criteria|eligible_expenses
Eligible expenses for the Global Market Development Fund - Book include costs related to international market activities aimed at company growth. These activities encompass various elements critical for business and market development.
- Targeted sales trips
- Attendance at international market events
- Travel costs (up to fixed benchmarks)
- Accommodation costs (up to fixed benchmarks)
grant_eligibility_criteria|zone
The eligible geographic zone for this grant is Ontario. Companies must be based in Ontario to avail of the funding opportunities provided by the Global Market Development Fund – Book.
- Ontario, Canada
grant_single_labels|criteria
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.
grant_single_labels|register
- Step 1: Register your company's corporate information with the Ontario Creates Online Application Portal (OAP) by visiting apply.ontariocreates.ca and clicking on “Register”.
- Step 2: If your company is already registered, log in and find the Global Market Development Fund - Book program deadline on your dashboard.
- Step 3: Click on “Start new application” and follow the onscreen directions to access the application form.
- Step 4: Begin compiling and completing the necessary information for the application form. Information can be saved and edited until the application is submitted.
- Step 5: Attend an Information Session if needed. Two office hours webinars will be available on April 11, 2024, at 2:00 pm - 3:30 pm ET and on April 24, 2024, at 10:30 am - 12:00 pm ET. Register by 5:00 pm ET the day prior to the webinar.
- Step 6: Review and finalize your application, ensuring all required information and documents are included.
- Step 7: Submit your application via the OAP by the deadline on May 1, 2024, 5:00 pm ET.
grant_single_labels|otherInfo
The Global Market Development program supports Ontario companies in international business activities, providing funding of up to $15,000 while covering 50% of total costs. Applications must be submitted via the Ontario Creates Online Application Portal by the deadline of May 1, 2024, 5:00 PM EST.
- Elimination of funding tiers based on eligible sales revenue
- A list of pre-approved activities for the program
- A simplified change of activity process
- Fixed benchmarks for travel and accommodation costs
- Two "Office Hours" webinars for Q&A: April 11, 2024, 2:00 PM - 3:30 PM ET and April 24, 2024, 10:30 AM - 12:00 PM ET
Apply to this program
Global Market Development Fund – Book: Key Information
The Global Market Development Fund for Books provides eligible Ontario-based companies with up to $15,000, capped at 50% of total costs, to support international market activities that foster business growth. The deadline for applications is May 1, 2024, at 5:00 PM EST.
Detailed Overview: Global Market Development Fund – Book
The Global Market Development Fund – Book is a vital financial support program designed by Ontario Creates to help Ontario-based companies in the literary sector expand their market reach internationally. This grant is particularly aimed at firms looking to engage in international activities such as targeted sales trips and attendance at significant market events. The grant ensures that companies have the financial backing needed to not only participate but also thrive in global markets while achieving measurable business and market development results.
Objective of the Global Market Development Fund
The primary objective of the Global Market Development Fund – Book is to provide financial assistance to companies in Ontario's literary sector. This assistance aims to help these firms effectively promote their products and services in international markets, thereby increasing their export readiness and market penetration. The program focuses on activities that can lead to significant business growth and market development, ensuring that Ontario's literary businesses remain competitive on the global stage.
Funding Details
Successful applicants are eligible to receive up to $15,000, which is capped at 50% of the total costs for all activities the company plans to engage in. This ensures that the applicants also invest their resources, fostering a shared commitment to achieving their international market goals. The funding is allocated with the understanding that the financial support will significantly aid in covering expenses related to international travel, accommodations, and other associated costs.
Eligibility Criteria
To be eligible for the Global Market Development Fund – Book, companies must meet specific criteria:
- Ontario-based: The company must be situated and operating within Ontario.
- Industry Sector: The grant is exclusive to companies within the literary sector.
- Demonstrable Need: The company must show how the funding will assist in achieving measurable business and market growth.
- Compliance: Adherence to the program guidelines and submission procedures is mandatory.
Program Changes for 2024-25
For the 2024-25 cycle, several updates have been implemented to streamline the application process and fund administration:
- Elimination of Funding Tiers: The program no longer has funding tiers based on eligible sales revenue, making it simpler for all applicants to understand their potential funding.
- Pre-approved Activities List: A list of pre-approved activities has been introduced to guide applicants on eligible engagements.
- Simplified Change of Activity Process: Adjusting planned activities has been made easier, ensuring flexibility for the applicants.
- Fixed Travel and Accommodation Benchmarks: Established benchmarks for travel and accommodations help in budgeting and planning.
Application Process
All applications must be submitted via the Ontario Creates Online Application Portal (OAP). Here’s a step-by-step breakdown of the application process:
- Registration: Your company’s corporate information must be registered with the OAP. You can register by visiting https://apply.ontariocreates.ca/ and clicking on “Register”.
- Starting the Application: Once registered, the Global Market Development Fund - Book program deadline will appear in your dashboard. Click on “Start new application” and follow the onscreen directions to access the form.
- Information Compilation: Begin compiling the necessary information early. Save your progress as you go, enabling you to return and edit or add information as needed.
- Submission: Complete and submit the application by the deadline: May 1, 2024, at 5:00 PM EST.
If you encounter any technical issues or have questions about setting up your company’s corporate information, assistance can be obtained by emailing applyhelp@ontariocreates.ca.
Information Sessions
To help applicants understand the program better, Ontario Creates will host two “Office Hours” webinars:
- Webinar #1: April 11, 2024, 2:00 pm - 3:30 pm ET
- Webinar #2: April 24, 2024, 10:30 am - 12:00 pm ET
Registration is required for these webinars. Applicants are encouraged to read the guidelines and watch the pre-recorded Information Session before attending. If an applicant requires the session in French or has any accessibility needs, they can request accommodations by contacting programs2@ontariocreates.ca.
Supporting Documents and Tools
Several documents and tools are available to help applicants throughout the application process:
- Program Guidelines
- Pre-Approved Activities
- Applicant Affidavit
- GMD Activity Calculator
Contact Information
For further inquiries about the Global Market Development Fund – Book, applicants can reach out to:
- Program Coordinator, Industry Development: Via phone at 416-642-6652 or email at programs2@ontariocreates.ca
- Online Application Portal Queries: Via email at applyhelp@ontariocreates.ca
Conclusion
The Global Market Development Fund – Book is an exceptional opportunity for Ontario-based literary companies to enhance their global presence and achieve significant market development milestones. By meticulously following the application process and leveraging the financial support provided, companies can position themselves for substantial growth and long-term success in international markets.
